Hunting (HTG) investor relations material

Strategic direction and growth targets

• Focus on technology and precision engineering to drive long-term growth and diversification into energy transition, aviation, and advanced manufacturing sectors.

• Targeting $2.0bn revenue by 2030 through organic and acquisitive growth, with $1.0bn delivered in 2025.

• Medium-term EBITDA margin target of 15%, with 13% achieved in 2025.

• Portfolio rationalization and capital redeployment into higher-return investments, including divestments and acquisitions.

• Commitment to robust ESG principles and long-term dividend growth of 13% per annum.

Operational and financial performance

• 2025 revenue reached $1,018.8m, with EBITDA of $135.7m and free cash flow of $96.6m.

• Share buyback program completed $33.5m in 2025, with total buybacks planned at $100m through 2028.

• Sales order book at $358.0m at year-end 2025, with April 2026 order book at $428.8m, providing visibility for future growth.

• Working capital to revenue ratio improved to 33%, supporting cash generation.

• Net cash position of $62.9m after $145m outflows for acquisitions and shareholder returns.

Product and market development

• Diversified portfolio includes oil and gas, energy transition, aviation, defence, and power generation.

• Over 400 patents and trademarks, with strong R&D focus and market leadership in key technologies.

• New technology launches and international expansion driving market share gains, especially in North America, South America, and the Middle East.

• Non-oil and gas sales expected to more than double, with significant opportunities in nuclear, wind, and defence sectors.

• Subsea bundling and cross-product synergies accelerating growth in offshore and decommissioning markets.