Mincon Group (MCON) H2 2025 earnings summary

Executive summary

• Focused on strategies to address rising competition and restore profit margins, resulting in significant margin improvement through supply chain and product mix enhancements.

• Strong revenue growth in construction offset a decline in mining revenue as offerings were adapted to regional needs.

• Discontinued operations reflect the sale of the UK carbide business premises, aligning with long-term margin growth objectives.

• Margin recovery actions included new supply chain introductions, increased subcontracting, and product customization.

Financial highlights

• Revenue from continued operations rose 3% year-over-year to €148.7M.

• Gross margin increased 10% to €44.4M, with gross margin percentage rising to 29.9% from 27.9%.

• EBITDA grew 19% to €19.3M, and operating profit surged 43% to €10.9M.

• Profit after tax from all operations increased 213% to €5.5M.

Outlook and guidance

• Positive momentum in margin improvement expected to continue into 2026, supported by investments in patented products and automation.

• Continued growth projected for 2026, driven by large-scale construction and cost savings.

• Strategy emphasizes intelligent manufacturing, business diversification, and innovation.