Mincon Group Plc · EURONEXT:MIO
Mincon — H1 2026 Earnings Presentation
17 slides from Mincon's earnings presentation, Jun 30, 2026
Slide 1: Interim Results H1 2026
Mincon The Driller's Choice INTERIM RESULTS H1 2026 Six months ended 30 June 2026
Slide 2: Summary H1 2026
Mincon Summary H1 2026 Revenue up 19% with broad-based growth across industries and regions, driving strong margin and earnings gains. H1 2026 H1 2025 Change Broad-based growth. Revenue growth was broad-based, led by Americas construction, with mining and waterwell/geothermal both €'000 €'000 % retu
Slide 3: Business Review
Business Review Industry and regional performance for the first half of 2026 Mincon
Slide 4: Industry Sales Analysis
Mincon REVENUE BY INDUSTRY Industry Sales Analysis REVENUE GROWTH BY INDUSTRY Construction €43.7m +23% Mining €33.4m +18% Waterwell / Geothermal €10.7m +5% Mix shift. Construction increase was mostly due to strong growth in the Americas and Europe, and more than replaced the large one-off Australian
Slide 5: Construction Sector
Mincon INDUSTRY REVIEW Construction Sector Construction revenue increased 23%, building on the 47% growth recorded a year earlier. REVENUE CHANGE BY REGION (vs H1 2025) Americas led. Construction revenue in the Americas rose 81%, concentrated in North America (+85%) and including a single large infr
Slide 6: Mining Sector
Mincon INDUSTRY REVIEW Mining Sector Mining revenue increased 18%, a marked turnaround from the 13% contraction in H1 2025. REVENUE CHANGE BY REGION (vs H1 2025) APAC rebound. Asia-Pacific mining revenue rose 47%, reversing last year’s contraction, with Australia up 49% after a very wet first quarte
Slide 7: Waterwell / Geothermal Sector
Mincon INDUSTRY REVIEW Waterwell / Geothermal Sector Waterwell/geothermal revenue grew 5%, returning to growth after a 9% contraction a year earlier. REVENUE CHANGE BY REGION (vs H1 2025) European recovery. Growth was led by the European market and specifically Northern Europe's geothermal segment,
Slide 8: Financial Performance
Financial Performance Income statement, balance sheet and cash flow Mincon
Slide 9: Income Statement
Mincon FINANCIAL PERFORMANCE Income Statement H1 2026 H1 2025 Change €'000 €'000 % In-house utilisation. Mincon-manufactured sales grew Sales Mincon products 73,433 59,825 23% 23% while bought-in sales were broadly flat, so proportionally more revenue was produced in our own Sales bought in products
Slide 10: Balance Sheet
Mincon FINANCIAL PERFORMANCE Balance Sheet H1 2026 2025 Change Balance Sheet €'000 €'000 €'000 % Inventory build for H2. Total inventory rose versus Intangible assets & goodwill 38,082 38,453 (371) December 2025, reflecting the integration of new supply Property plant & equipment 42,825 40,902 1,923
Slide 11: Cash Flow
Mincon FINANCIAL PERFORMANCE Cash Flow Cashflow H1 2026 H1 2025 Change Cash flows from operating activities €'000 €'000 €'000 Profit 6,771 1,705 Deleveraging. The root and branch review released €8.0 Depreciation & amortisation 4,427 4,244 million of cash through asset disposals, this was all applie
Slide 12: Product Development
Product Development Innovation partnerships driving future growth Mincon
Slide 13: HIT System
Mincon PRODUCT DEVELOPMENT HIT System Formerly Greenhammer · now live on a copper mine in Canada. Commissioned & running. The HIT system, formerly Greenhammer, was commissioned in July 2026 on a copper mine in British Columbia and is running well, marking the move from development to live operation
Slide 14: Subsea Micropile Project
Mincon PRODUCT DEVELOPMENT Subsea Micropile Project Offshore-wind foundation solution with collaboration partner Subsea Micropiles. Progressing. The development project for the offshore-wind industry, run with our collaboration partner Subsea Micropiles, continues to advance, and we expect to be abl
Slide 15: Outlook
Outlook Priorities and expectations for the second half of 2026 Mincon
Slide 16: Outlook H2 2026
Mincon LOOKING AHEAD Outlook H2 2026 Well positioned for H2 2026, with continued focus on efficiency, and easing working capital to support cash generation. Operational efficiency. We will continue to build on the momentum in operational efficiency across the Group. While margins reflect the level o
Slide 17: Q&A
Q&A Mincon · The Driller's Choice Mincon