Revenue grows by 85 per cent in first six months at Gloucestershire-based Hercules Site Services

Published by

Peter Davison

A suction excavator from Hercules Site Services

Gloucestershire-based Hercules Site Services, which operates one of the largest suction excavator fleets in the UK, has revealed its revenue grew by roughly 85 per cent to over £37 million in the first half of its financial year.

The firm, which is based in South Cerney, near Cirencester, said “substantial demand” from its UK infrastructure construction industry market underpinned the performance in the six months to 31 March 2023.

CEO Brusk Korkmaz told investors: "During the period we have delivered strong revenue growth, new clients and opened doors to exciting new sales opportunities.

"While we are not immune to inflationary pressures, with trading in line with expectations, and strong momentum being experienced in the construction and infrastructure sectors, we look forward to the next six months with confidence."

Peter Davison

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country. An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts. Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.