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Hunting PLC: 2023 Trading In-line With Previous Guidance; 2024 EBITDA Outlook Unchanged

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News   | Join Us
rttnewslogo20mar2024

Hunting PLC (HTG.L) reported that its trading in fourth quarter has remained in line with management's expectations with EBITDA anticipated to be in the range of $96 million-$100 million for the full year. Group revenue is projected to be in the range of $925 million-$930 million.

The Board believes that 2024 will see further growth to EBITDA with the projected outcome in line with current market expectations of $125 million-$135 million.

Jim Johnson, Chief Executive of Hunting, said: "2024 will see another year of EBITDA growth underpinned by our strong sales order book, which is now up 21% compared to a year ago."

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