Hunting PLC Q1 2024 revenues at $244.9m.

Hunting PLC, a global engineering group, reported Q1 2024 revenues of $244.9m, marginally ahead of expectations, with EBITDA at $28.9m. Strong performances from OCTG and Subsea product groups contributed to the results. EBITDA margin remains at 12%, and full-year EBITDA guidance is between 12-13%. The company's order book increased to $544m, reflecting higher inventory and receivables.

April 17, 2024
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