Labour supply firm Hercules raises £1.7m in share placing

Infrastructure labour supply specialist Hercules Site Services is raising £1.7m in a share placing to support continued expansion.
The AIM-listed labour agency reported revenue of nearly £50m last year after driven by work ramping up on its key contract, the northern sections of HS2 Phase 1, where Hercules is engaged by the Balfour Beatty Vinci joint venture.
Brusk Korkmaz, chief executive officer of Hercules, said: “Turnover growth has been in the region of 50% per annum for t