Final dividend proposed by the Board. Hunting's resilience through the past 12 months demonstrates its ability to respond decisively despite challenging market conditions, while also executing key strategic initiatives that will deliver future growth.
Other financial highlights:
Revenue $626.0m (2019 - $960.0m)
EBITDA $26.1m (2019 - $139.7m)
Underlying loss from operations of $16.4m (2019 - $94.3m profit)
Amortisation of acquired intangible assets and exceptional items totalling $203.6m charged in the year (2019 - $47.5m)
Reported loss from operations of $220.0m (2019 - $46.8m profit)
Underlying diluted loss per share 10.0 cents (2019 - 43.9 cents earnings per share)
Reported diluted loss per share 143.2 cents (2019 - 23.5 cents earnings per share)
Net assets of $976.6m (31 December 2019 - $1,223.8m)
Total cash and bank of $101.7m (31 December 2019 - $127.0m)