Hunting PLC: directors' dealings · United Kingdom · RNS (LSE)

About Hunting PLC

Hunting PLC is a UK-listed precision engineering and industrial group quoted on the London Stock Exchange (FTSE 100/250/AIM), in the United Kingdom. Its roots date back to 1874, and the modern group was formed in 1989 through the consolidation of the Hunting interests. Over time, the company has evolved from a historically energy-linked business into a broader industrial platform built around manufacturing expertise, proprietary technology, and global customer relationships. The company’s registered office is in London, while its operating footprint spans 11 countries across four continents. Hunting’s business model is centered on supplying high-specification components, tools, and systems to the oil and gas, energy, and offshore markets, while steadily increasing the share of non-oil and gas revenue. Its main product groups include Perforating & Logging Systems, Connection Technology & OCTG, Subsea Technologies, Advanced Manufacturing, Well Intervention Equipment, Well Test & Process Systems, Electronics, Trenchless & MWD, Organic Oil Recovery, and Flexible Engineering Solutions. This portfolio gives Hunting exposure to technically demanding niches where reliability, certification, and proprietary engineering matter more than scale alone. Competitively, Hunting positions itself as a global specialist rather than a broad commodity supplier. It emphasizes proprietary products, intellectual property, and an internationally distributed manufacturing base. The group also highlights a strong position in premium OCTG threading, supported by industrial facilities near Aberdeen in the United Kingdom and across other key geographies. Its diversification into aerospace, defense, medical, transportation, and other industrial end markets is gradually reducing dependence on the upstream energy cycle and creating longer-term optionality. Recent news underlines a business in transition. In its Q3 2025 trading update, Hunting reported year-to-date EBITDA growth and a sales order book of about $416 million, while noting solid execution in Subsea, continued integration of Flexible Engineering Solutions, and ongoing EMEA restructuring with targeted annualized savings of around $11 million by June 2026. In its full-year 2025 results released in March 2026, the company reported further EBITDA growth, improved profitability, and a healthy commercial pipeline, alongside confidence in additional earnings growth ahead. For international equity investors, Hunting remains a cyclical but increasingly diversified UK industrial with meaningful exposure to energy, offshore infrastructure, and precision manufacturing.