UK's Hunting sinks after lowering annual profit forecast again
28/10/2026 08:09
BUZZ-UK's Hunting sinks after lowering annual profit forecast again
** British energy services firm Hunting HTG.L down 18.1% at 348.5p
** Co lowers FY core profit forecast to $128 mln and $133 mln for the second time this year, down from previous forecast of $138 mln to $141 mln
** Co says Middle East conflict "has impacted our overall results in Q3 and into Q4, with a deterioration in the short-term trading outlook seen in recent weeks"
** As of last close, HTG up 14.8% YTD
(Reporting by Anushka Chourasia in Bengaluru)