Brief: Hunting Expects Minimal Impact On Current Year Profitability From Middle East Conflict
15/04/2026 07:33
April 15 (Reuters) - Hunting PLC HTG.L: HUNTING PLC - MAINTAINS FULL-YEAR EBITDA GUIDANCE OF $145-$155 MILLION HUNTING PLC - Q1 2026 GROUP EBITDA WAS $23.2 MILLION WITH EBITDA MARGIN OF 10% HUNTING PLC - SALES ORDER BOOK AS AT APRIL 14, 2026 STOOD AT $428.8 MILLION HUNTING PLC - CLOSURE OF FORDOUN OPERATING SITE ON TRACK FOR JUNE 2026 HUNTING PLC - $15 MILLION COST REDUCTION PROGRAMME ACCELERATING, MAJORITY OF SAVINGS BY EARLY 2028 HUNTING PLC: REMAIN VIGILANT REGARDING MIDDLE EAST VOLATILITY; FACILITIES FULLY OPERATIONAL HUNTING PLC: EXPECTS MINIMAL IMPACT ON CURRENT YEAR PROFITABILITY FROM MIDDLE EAST CONFLICT HUNTING: HIGHER COMMODITY PRICE ENVIRONMENT HAS NOT YET TRANSLATED INTO INCREASED US OR INTERNATIONAL RIG COUNT HUNTING PLC - EMEA AND ASIA PACIFIC SEGMENTS TO COMBINE INTO 'INTERNATIONAL' SEGMENT FROM JAN 1, 2027 Source text: ID:nRSO4567Aa Further company coverage: HTG.L ((((Reuters.Briefs@thomsonreuters.com));))