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Business Summary: Herkules SA w restrukturyzacji is a Poland-based company which is primarily engaged in crane rental services. The Company's activities are divided into three business segments: Crane rental, Telecommunications construction and Other. The Crane rental division is engaged in provision of crane services in the field of hydraulic, lattice ,as well as, tower cranes. The Telecommunications construction division provides comprehensive service for telecommunications and energy companies, including design and construction of telecommunications facilities ,as well as, energy facilities and full service of construction investments in the above sector. The Other division focuses on other incidental events occurring irregularly in the course of business activities.
Financial Summary: BRIEF: For the six months ended 30 September 2024, Herkules SA w restrukturyzacji revenues decreased 23% to PLN49.5M. Net loss increased from PLN2.2M to PLN7.5M. Revenues reflect Cranes segment decrease of 28% to PLN33.6M, Production segment decrease of 8% to PLN12.2M, Telecommunication segment decrease of 6% to PLN3.5M. Higher net loss reflects Cranes segment loss totaling PLN3.4M vs. income of PLN6.6M.