Hunting PLC Reports Strong Q1, Chair Retires

Hunting plc (GB:HTG) has released an update.

Hunting PLC has reported a strong start to 2024, exceeding management’s expectations with a Q1 EBITDA of approximately $28.9 million, outperforming the previous year’s figures due to robust offshore and international activities. The sales order book remains healthy at around $544.0 million, and the company maintains its full-year EBITDA guidance of $125-135 million. Jay Glick will retire as Company Chair following the AGM, with Stuart Brightman set to succeed him.

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