Mincon H1 FY26 profit after tax more than doubled to €6.77 million; revenue rises 19% to €87.81 million

Reuters2026/08/04 06:11

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Mincon posted H1 2026 profit after tax of €6.77 million, more than doubled from a year earlier as revenue rose 19% to €87.81 million.
Operating profit climbed 74% to €9.34 million, lifting the operating margin to 11% from 7% a year earlier.
EBITDA increased 42% to €13.81 million; results included a non-recurring €2.63 million gain on capital asset disposals.
Net debt fell to €16 million, helped by €8 million of cash released through asset disposals applied to debt.
Mincon said exceptional tungsten carbide inflation continues to weigh on margins, while it expects working capital to ease in H2 as secured projects are delivered.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mincon Group plc published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mincon H1 FY26 profit after tax more than doubled to €6.77 million; revenue rises 19% to €87.81 million

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