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- 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.
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