Hercules Site Services – emphasises civils projects division “busy”, but what about the bottom-line?
By Steve Moore | Wednesday 20 September 2023
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 sector” (aren’t all labour supply companies “technology enabled” these days?!), Hercules Site Services (HERC) has issued a Civils Projects division contracts update, also including that it is “well positioned to meet increasing demand for our specialist services, while also contributing to a cleaner, safer infrastructure network”. So what of this and a share price currently more than 7% higher at 29p in response?
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