Business
Update on Final Results
Hercules plc has announced an update on its final results for the year ended 30 September 2025, with revenue expected to exceed market expectations at approximately £121 million. While adjusted EBITDA and adjusted Profit Before Tax remain in line with market expectations, the company anticipates a Profit Before Tax of approximately £0.8 million, reflecting significant strategic investments in operational capability, controls, and scalability to capitalize on the anticipated £725 billion of UK infrastructure investment. These investments, along with other exceptional items, have impacted the reported PBT figure. Disclaimer*
About this update from Hercules Plc
10 February 2026 Hercules plc ("Hercules" or the "Company" or the "Group") Update on Final Results Hercules plc (AIM: HERC), a leading UK infrastructure and construction services group, provides an update regarding its final results for the year ended 30 September 2025 ("FY25"). Further to the Company's announcement of 2 October 2025, revenue will be ahead of market expectations at approximately £121 million, reflecting the strong trading performance in FY25 across the Group's operations. Adjusted EBITDA and adjusted Profit Before Tax ("PBT") for FY25 remain in line with market expectations* demonstrating the resilience of the Group's underlying profitability. Adjusted EBITDA and adjusted PBT exclude non-underlying and exceptional items including amortisation of acquisition related intangibles, all share-based charges and exceptional acquisition related items, extended ERP system implementation costs and business development expenditure. Profit before non-underlying and exceptional items has been calculated as an alternative performance measure in order to provide a more meaningful measure and year-on-year comparison of the profitability of the underlying business. The Company advises that PBT** for FY25 is expected to be approximately £0.8 million, which will reflect the net effect of the non-underlying and exceptional items referred to above. Many of these costs relate to strategic investment by the Group undertaken to strengthen operational capability, enhance controls and scalability, and allow Hercules to capitalise on the significant long-term opportunities arising from the anticipated £725 billion of infrastructure investment across the UK. The FY25 results are expected to be released in March 2026, and a further update will be provided in due course. *Market expectation - revenue of £118.4m, adjusted EBITDA of £6.1m, and adjusted PBT of £3.3m **Market expectations for PBT of £3.3m did not reflect the non-underlying and exceptional items referred to above. This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014. For further information and enquiries, please contact: Hercules plc Brusk Korkmaz (CEO) Paul Wheatcroft (CFO) c/o SEC Newgate SP Angel Corporate Finance LLP (Nominated Adviser and Broker) Matthew Johnson / Adam Cowl (Corporate Finance) Grant Barker / Rob Rees (Sales and Broking) +44 (0) 20 3470 0470 SEC Newgate (Financial Communications) Robin Tozer / Ian Silvera / Nina Renata Pop +44 (0) 20 3757 6882 [email protected]