Mincon Group (MCON) Q3 2026 TU earnings summary

Executive summary

• Strong trading momentum continued through Q3; 9M revenue rose 28% YoY, and FY 2026 revenue and EBITDA are expected to exceed market expectations.

Financial highlights

• 9M revenue to 30 September 2026 was 28% ahead of the same period in 2025; most growth came from construction.

• Higher raw material costs pressured margins in Q3; modest price increases partly offset the impact.

Outlook and guidance

• Board expects FY 2026 revenue and EBITDA to be ahead of market expectations, reflecting trading momentum through 30 September.

• Margins are expected to improve further in the remainder of 2026 as raw material cost pressures ease and higher facility throughput drives operating leverage.

• Two new Swedish projects are expected to complete between Q4 2026 and Q1 2027; North American infrastructure work is expected to continue into 2027.