2nd Mar 2023 12:11
Hunting PLC - London-based oil and gas industry services provider - Posts revenue of USD725.8 million for 2022, up 39% from USD521.6 million a year ago as order book multiplies to USD473.0 million from USD211.5 million. Swings to profit from operations to USD2.0 million from a loss of USD79.7million. Earnings before interest, tax, depreciation and amortisation amount to USD52.0 million compared to just USD3.1 million in 2021. Declares a final dividend of 4.5 cents, up 13% from 4.0p a year prior. This takes the total dividend for 2022 to 9.0 cents per share. Hunting plans an average dividend increase of 10% per year until 2030. Read More
