Hunting is a global engineering group that provides precision-manufactured equipment and premium services with a diverse product portfolio. The company has a global service footprint from operations in 11 countries including 27 production locations and 13 distribution centres. The energy industry accounted for 94% of FY22 revenue while also serving non-oil & gas customers in the medical, aerospace & defence and space sectors. Hunting is seeking to grow rapidly in adjacent Energy Transition product sub-sectors as well as deepening its presence in other non-oil & gas ones.
On track to deliver further progress in FY24
Commentary and financial metrics in Hunting’s AGM/Q1 update confirm that the company has progressed...
Read moreGuidance beaten in FY23 and unchanged for FY24
Hunting delivered EBITDA of US$103m, ahead of revised guidance and the inferred year-end...
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In-line FY23 update, further progress anticipated
Good revenue progress, a strong EBITDA uplift (and margin expansion), an ungeared year-end balance...
Read moreConnecting market position and clear ambition
With positive trading momentum and order book development continuing, Hunting has outlined a clear...
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