Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Describing itself as “a leading technology enabled labour supply company for the UK infrastructure and construction sectors” (aren’t all such companies “technology enabled” nowadays?), Hercules Site Services (HERC) has issued a trading statement including “revenue is expected to be over £105m, representing an increase of c. 24% on the prior year ended 30 September 2023… with Hercules' revenue, adjusted EBITDA and Profit Before Tax for FY24 to be well ahead of market expectations”. How good is the news relative to a currently up to 46.5p share price?
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