Hunting (HTG) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with acknowledgment of strong 2025 financial performance, increased shareholder distributions, and progress on 2030 growth initiatives.

• Board and executive team introduced, highlighting committee chairs and company secretary.

• Agenda included trading update, annual report review, Q&A, and formal AGM business with poll voting and proxy votes.

Financial performance review

• Q1 2026 EBITDA reached $23.2 million at a 10% margin, with net cash outflow due to working capital investment and share buybacks; quarter-end cash position at $8 million.

• Full-year EBITDA guidance maintained at $145–$155 million, with earnings weighted to the second half.

• 2025 revenue was $1,018.8 million, EBITDA $135.7 million, and free cash flow $96.6 million; total dividends declared rose to 13.0 cents.

• Sales order book increased to $428.8 million as of April 14, up from $358 million at end of December 2025.

• Share buyback program expanded to $60 million and completed by March 2026.

Board and executive committee updates

• Board praised for depth of talent and support; executive management credited for achievements and global workforce dedication.

• Board includes Chief Executive, Finance Director, Non-executive Chair, and committee chairs for Nomination, Ethics & Sustainability, Audit & Risk, and Remuneration.