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Investing.com -- Hunting (LON:HTG), the British energy-industry supplier, has reported an increase in its full-year adjusted pretax profit and earning.
The company’s adjusted profit before taxes for the year increased to $75.6 million, up from $50.0 million in the previous year.
Revenue also saw growth, with a 13% increase, bringing the total to $1.05 billion. EBITDA, which excludes exceptional and other one-off items, rose by 23%, reaching $126.3 million. The EBITDA guidance for 2025 is maintained in the range of $135 million to $145 million.
Along with this, the company’s margin also saw an increase, reaching 12%.
In addition to the growth in profit and earnings, Hunting also declared a total dividend of 11.5 cents per share, a rise from 10.0 cents per share in 2023. The company’s sales order book amounted to $508.6 million.
Hunting shares fell 2.5% in the morning trade in London.
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