Hercules sets out growth case as revenue outpaces expectations

Hercules Plc

Hercules plc has told investors that trading for the year to 30 September 2025 has exceeded revenue expectations, while profitability at an adjusted level remains in line with market forecasts. The update positions the group as operationally stable and strategically aligned with anticipated growth in UK infrastructure spending, even as reported earnings reflect the cost of recent expansion.

The company expects to report revenue of approximately £121 million for the year, ahead of previous market consensus. Adjusted EBITDA and adjusted pre-tax profit are both expected to meet expectations, indicating that underlying trading across its labour supply and infrastructure services activities has remained solid. Reported pre-tax profit is expected to be around £0.8 million, lower than some earlier projections due to exceptional and non-underlying costs incurred during the period.

Those costs are primarily linked to investment in systems, integration work and the scaling of operations following acquisition activity. Management has framed this expenditure as deliberate positioning rather than reactive spending. By strengthening internal controls, operational processes and sector coverage, the group is seeking to enhance its ability to deliver on larger and more complex contracts, particularly in power and energy infrastructure.

Hercules plc (LON:HERC) is a collaborative, innovative company delivering services of the highest standards within the Civil Engineering sector of the construction industry. Hercules Academy provides a comprehensive range of courses designed to equip individuals with the essential skills and knowledge required for a long and successful career in the construction industry.

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