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Mincon Group plc ( (GB:MCON) ) has provided an announcement.
Mincon Group reported 2025 revenue of €148.7 million, up 2% year on year, with construction overtaking mining as its largest industry thanks to a 14% rise in construction sales and a 9% decline in mining revenue. EBITDA from continuing operations climbed about 19% to €19.3 million, driven by cost-reduction measures, improved raw material efficiency, asset disposals in carbide production, and higher-margin large construction projects.
Regional performance was mixed, with revenue growth in the Americas, EME, and Africa offset by a sharp 28% drop in Australia Pacific amid restructuring. Strategic initiatives included a three-year exclusive collaboration with Epiroc to commercialise Mincon’s HIT system and ongoing progress in subsea anchoring technology for offshore wind, positioning the company to benefit from growing demand in construction, mining, and renewable energy linked to global electrification trends.
More about Mincon Group plc
Mincon Group plc is an Irish engineering company that designs, manufactures, sells, and services rock drilling tools and related products for construction, mining, waterwell, and geothermal markets. The group has a strong presence in the Americas and Europe, with growing activities in Africa and restructuring underway in the Asia-Pacific region to refocus on more profitable opportunities.
Learn more about MCON stock on TipRanks’ Stock Analysis page.