Hunting Plc full-year EBITDA to remain in the range of current market expectations

December 17, 2019 09:24 PM AEDT | By Team Kalkine Media

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Hunting Plc (LON:HTG) ahead of announcing its 2019 Full Year Results on Thursday 27 February 2020, has released a year-end Trading Update.

The board of the company is expecting the full year EBITDA result to remain in the range of current market expectations.
The capital spend by the company for the full year is anticipated to be around $40.0million, with inventory likely to be at a similar level as at 31 December 2018.
The companyâs Q4 2019 results are getting impacted due to capital budget exhaustion within it's client base together with seasonal declines.
On 17^th December 2019, at the time of writing, GMT 08:09 AM, HTG shares were trading at GBX 388.20, down by 21.00 points or 5.13% against the previous day closing price.

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