Mincon confident of earnings and revenue growth in second half of 2024
Irish engineering tools group tells investors it is recovering following a difficult period
Mincon
‘Challenging’ mining environment sees revenues plunge 16% at Mincon
But Irish engineering group sees light at the end of tunnel with activity ramping up again in recent months
Irish engineering group Mincon saw profits plunge by almost half last year
Mining revenue at Irish engineering group decreased by 16%, with contraction across all the company’s mining regions
Mincon sees revenues fall amid mining industry contraction
Engineering group says two large-scale projects ‘will no longer take place as planned’
Mincon shares slump after revenue falls in first half
Company expects to see growth in second half of 2023
Revenues at Mincon rise as order backlog improves
Price increases boost profit margins at engineering group despite higher energy costs
Mincon says challenges in supply of raw material have eased
Irish engineering group experienced significant growth in first quarter of the year
Mincon grows revenue 11% despite supply chain issues
Operational issues included trans-ocean freight transit times roughly doubling
Irish engineer Mincon grew revenue 6% in first nine months
Delivery delays continue due to increased sea freight transit times, company says
Former Eircom finance director Peter Lynch dies aged 63
The one-time stockbroker from Belfast was considered dynamic and gregarious
Profit down 7% at Mincon as Shannon operations severely hit
The engineering company said the first of the year was impacted by the Covid-19 pandemic
Revenue at Irish engineer Mincon ahead of last year
Group says sea freight lead times ‘remain challenging’ due to pandemic
Strong year for Mincon as revenues, profits advance
Despite ‘challenging’ year Irish engineering group performs strongly
Engineering group Mincon suspends interim dividend
Irish company’s revenue grows but it adopts ‘prudent approach’ due to Covid-19 challenges
Mincon reports increased revenue and profits despite Covid-19
Strategic acquisition boosts margins at Irish engineering group
Mincon pre-tax profit dips as company reorganises activities
Pre-tax profit falls almost 13% to €14.2m in 2019
Mincon chief operating officer to step down
Peter Lynch to leave company to pursue other interests and move closer to family
Mincon acquires Finnish company Lehti for €8m
Company ‘well placed’ to further expand in the attractive geotechnical market, CEO says
Positive year for Minicon in 2018 as revenue rises above €100m
Acquisitions pay off in 34% growth in products
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Mincon Group begins operation of ‘game changing’ technology
Irish engineering company successfully fits technology on customer rig in Australia
Former Mincon chief to step down from company’s board
Company appointed Joe Purcell as chief executive officer in 2015, replacing Kevin Barry
Mincon posts 30% rise in pretax profit
Irish engineering group’s half-year revenue climbs 19 per cent to €55.7 million
This Week: Mincon results expected to deliver on revenue growth
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Mincon shows strong growth in first quarter of 2018
But company warns of lost opportunities due to factory constraints
Mincon says acquisition of Swedish group to grow revenues 20% this year
Irish engineering company hopes to overcome capacity constraints as year starts with ‘record sales’
Mincon records strong year as profit rises to €14m
Chief executive of rock-drilling tools firm says year was stronger than results suggest
Engineering group Mincon enjoys 26% jump in pre-tax profit
Firm manufactures rock-drilling hammers and bits for mining and drilling industry
Revenue up 34% at firm that built drill to rescue Chilean miners
Clare-based Mincon says revenue increase driven by sales volumes across all regions
Markets wrap: London’s jitters amid inflation fears
Top flight index winning streak ends as the pound surges to a three-week high
Dublin-listed Mincon sees profits increase as mining cycle turns
Clare-based engineering group optimistic as turnover rises 8% to €11.3m
Clare-based Mincon revenues 7% ahead of last year
Irish engineering group finishes third quarter with net cash of €35.1 million
Ciarán Hancock: Non-executive directors can take a hike on tax
Institute of Directors wants Irish NEDs to have same tax break as non-execs travelling from abroad
Mincon eyes acquisitions as first-half profits rise 11%
Dublin-listed engineering group says revenue also rose 11 per cent year on year
Revenues up 29% at Irish engineering group Mincon
Turnover rises to €70.2m as full-year operating profit declines 3% to €9.9m
Origin appoints Rose Hynes as chairman
Former Ervia chair replaces Aryzta chief Owen Killian in the role
Mincon results disappoint due to pricing pressures
Engineering group reports 40% jump in revenues but margins are hit by pricing pressures
Ryanair soars as full-year profit rises 66%
Impact of airline’s stellar results limited as Iseq gains less than 0.1%
Engineering firm Mincon’s revenue up as deals deliver
Company remains on the acquisition trail as it talks to potential targets
Grafton’s full-year results likely to meet expectations
Builders’ merchant and DIY group revenue grew by 9.5% to €2.64bn
Irish firm Mincon acquires remaining stake in subsidiary
Clare-based group to pay $42.2m for the last 25% stake it doesn’t own in Mincon Rockdrills
Revenues down at Mincon on back of challenging conditions
Irish engineering group says recent acquisitions should contribute to profit from early 2015
Revenues down 15% as Mincon suffers from weak mining market
Engineering group suffers from slowdown in exploration and mining market as it announces first interim dividend
Shannon-based Mincon posts record operating profit
Revenues down 17 per cent to €52.3 million from €53.1 million a year earlier
Wall Street gains on strong factory data
INM falls as rival Johnston Press books major loss on sale of regional newspapers
Iseq records best year since 1997
Irish Stock Exchange statistics show share index has risen 57.3 per cent in 3 years
Stocks plunge globally following emerging markets selloff
European stocks post their biggest weekly decline in seven months
Mincon directors give employees €1.2m
Some 140 workers will get €1,000 per year of service to reward them for their hard work
Ciarán Hancock’s Christmas Quiz: the winners and answers
Kenya Quigley wins two-day visit for two to Irish Whiskey Academy at Midleton Distillery in Cork
Cantillon: Vote of confidence for Dublin exchange
The spate of flotations that has seen four new companies raise money in the market – with possibly more to come – is clearly good news
Mincon lists on Irish Stock Exchange
Shannon-based engineering company raises €50 million for international expansion
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