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Equity Development

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Equity Bottom-Up

<ul>
<li>In a Q3 update, Hunting has narrowed FY25 EBITDA guidance towards the lower end of the existing U$135m-145m range, noting that this remains slightly above our existing FY25 estimate.</li>
<li>This broadly-based group has performed substantially in line with management expectations although EMEA re-structuring has perhaps been a modest drag.</li>
<li>Underlying cash flow/year-end net cash looks to be slightly better than we anticipated.</li>
</ul>


In a Q3 update, Hunting has narrowed FY25 EBITDA guidance towards the lower end of the existing U$135m-145m range, noting that this remains slightly above our existing FY25 estimate.
This broadly-based group has performed substantially in line with management expectations although EMEA re-structuring has perhaps been a modest drag.
Underlying cash flow/year-end net cash looks to be slightly better than we anticipated.


Hunting PLC - Further EBITDA progress, FY25 guidance narrowed

United Kingdom

Hunting PLC is an international energy services provider to upstream oil and gas companies. The Company manufactures, supplies and distributes products that enable the extraction of oil and gas through its well construction, well completion and well intervention divisions.

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Hunting PLC (HTG LN)

Hunting PLC - Further EBITDA progress, FY25 guidance narrowed

In a Q3 update, Hunting has narrowed FY25 EBITDA guidance towards the lower end of the existing U$135m-145m range, noting that this remains...

Equity Development

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