Huniting PLC announce an interim dividend of 4.0 cents

DividendMax Ltd.

Huniting PLC announce an interim dividend of 4.0 cents

Hunting announce an interim dividend of 4.0 cents per share declared in respect of H1 2021 (H1 2020 - 2.0 cents per share), absorbing cash of approximately $6.5m (H1 2020 - $3.3m), payable to shareholders on 29 October 2021, with a record date of 8 October 2021.

Other financial highlights include:

Revenue $244.4m (H2 2020 - $248.3m; H1 2020 - $377.7m)

Gross profit $44.1m (H2 2020 - $42.2m; H1 2020 - $82.6m)

EBITDA loss $3.6m (H2 2020 - $2.3m loss; H1 2020 - $28.4m profit) 

Underlying loss from operations $23.0m (H2 2020 - $22.1m loss; H1 2020 - $5.7m profit)

Amortisation of acquired intangible assets and exceptional items totalling $3.5m (H2 2020 - $14.3m; H1 2020 - $189.3m)

Reported loss from operations $26.5m (H2 2020 - $36.4m loss; H1 2020 - $183.6m loss)

Underlying diluted loss per share 16.1 cents (H2 2020 - 11.0 cents loss per share; H1 2020 - 1.0 cent earnings per share)

Reported diluted loss per share 18.9 cents (H2 2020 - 17.5 cents loss per share; H1 2020 - 125.7 cents loss per share)

Total cash and bank of $105.7m (31 December 2020 - $101.7m)

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