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)