Hercules tells shareholders it's well-placed to benefit from UK investment

23rd Jun 2026 10:15

(Sharecast News) - Hercules said on Tuesday that it was well placed to benefit from long-term UK infrastructure investment, despite some delays to the start of key projects across the business.

In an AGM statement, the AIM-traded infrastructure and construction services group said it had grown significantly since listing almost four and a half years ago, expanding its labour supply division and increasing contract values with blue-chip clients.

The company said recent growth had been achieved both organically and through targeted acquisitions, requiring investment in IT infrastructure, systems and controls over the past 12 months and into the first half of 2026.

Chair Henry Pitman said the investment had created a stronger platform for future growth and operational efficiency, adding that acquired businesses were performing as expected and that Hercules had a "robust and more durable business platform" in place.

At 0907 BST, shares in Hercules were down 3.09% at 23.5p.

Reporting by Josh White for Sharecast.com.

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