Hunting trading in line, tax dispute closed

Energy services group Hunting said it is trading in line with its expectations for the full year but cautioned that the short term outlook is increasingly cautious due to tough market conditions in a number of its operating regions.

Energy services group Hunting said it is trading in line with its expectations for the full year but cautioned that the short term outlook is increasingly cautious due to tough market conditions in a number of its operating regions.

Hunting also confirmed that a tax dispute in Canada had been resolved which will provide £25m of cash inflow.

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