Slide 1: Half Year Financial Results 2025
HALF YEAR FINANCIAL RESULTS 2025 Engineered To Optimise Performance The Driller’s Choice
Slide 2: Contents
CONTENTS MINCON GROUP PLC GROUP NOTES TO 2025 HALF YEAR FINANCIAL THE FINANCIAL FINANCIAL RESULTS STATEMENTS STATEMENTS Chief Executive Officer Condensed Consolidated Income Notes to the Condensed Consolidated Commenting on Results 3 Statement 10 Interim Financial Statements 15 Key Financial Comment
Slide 3: CEO Commenting on the Results
JOE PURCELL CHIEF EXECUTIVE OFFICER COMMENTING ON THE RESULTS, SAID: H1 2025 KEY FINANCIAL HIGHLIGHTS CONTINUING OPERATIONS H1 2025 H1 2024 % Change Revenue €74.0m €68.0m 9% Gross Profit €22.0m €17.4m 27% EBITDA €8.3m €4.7m 84% Operating Profit €4.1m €0.2m 1,542% Profit/(loss) for the period €0.7m (
Slide 4: CEO Commenting on the Results Continued
JOE PURCELL CHIEF EXECUTIVE OFFICER COMMENTING ON THE RESULTS, SAID: CONTINUED GEOGRAPHIC MARKETS our engineering focus on efficiency remains a cornerstone Our revenue in the Americas has seen an increase over in our push to win profitable market share. the previous year. This is due to a strong per
Slide 5: Key Financial Commentary
KEY FINANCIAL COMMENTARY MARKET INDUSTRIES The primary opportunities within the construction industry Mining revenue contracted by 13% in the first half of 2025 EARNINGS Revenue increased by 9% in the first half of 2025 remain concentrated in developed markets, particularly compared to the same peri
Slide 6: Key Financial Commentary Continued
KEY FINANCIAL COMMENTARY CONTINUED BALANCE SHEET During the first half of 2025, new borrowing was less than Working capital absorbed a significant amount of cash €0.5 million and was allocated for the commissioning of in H1 2025. This was primarily attributed to an increase plant and equipment. Tota
Slide 7: Condensed Consolidated Income Statement
CONDENSED CONDENSED CONSOLIDATED CONSOLIDATED STATEMENT OF INCOME STATEMENT COMPREHENSIVE INCOME FOR THE 6 MONTHS ENDED 30 JUNE 2025 FOR THE 6 MONTHS ENDED 30 JUNE 2025 Unaudited Unaudited Unaudited Unaudited Discontinued 2025 2024 Continuing Operations H1 H1 Operations (Note 10) Unaudited Unaudited
Slide 8: Condensed Consolidated Statement of Financial Position and Cash Flows
CONDENSED CONSOLIDATED CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION STATEMENT OF CASH FLOWS AS AT 30 JUNE 2025 FOR THE 6 MONTHS ENDED 30 JUNE 2025 Unaudited 31 Unaudited Unaudited 30 June December H1 H1 2025 2024 2025 2024 €’000 €’000 Notes €’000 €’000 OPERATING ACTIVITIES: NON-CURRENT ASS
Slide 9: Condensed Consolidated Statement of Changes in Equity
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE 6 MONTHS ENDED 30 JUNE 2025 Share Foreign Un- based currency Unaudited Share Share Merger denominated payment translation Retained Total capital premium reserve capital reserve reserve earnings equity €’000 €’000 €’000 €’000 €’000 €’000 €
Slide 10: Notes to the Condensed Consolidated Interim Financial Statements
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS 1. DESCRIPTION OF BUSINESS 6. OPERATING SEGMENTS Mincon Group plc (“the Company”) is a company incorporated in the Republic of Ireland. The unaudited condensed Operating segments are reported in a manner consistent with the internal re
Slide 11: Notes: Cost of Sales and Operating Expenses
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS CONTINUED 7. COST OF SALES AND OPERATING EXPENSES 7. COST OF SALES AND OPERATING EXPENSES CONTINUED Included within cost of sales, operating costs were the following major components: The average number of employees was as follows: H1
Slide 12: Notes: Share Capital and Share Based Payment
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS CONTINUED 9. SHARE CAPITAL 12. SHARE BASED PAYMENT Allotted, called – up and fully paid up shares Number €000 The vesting conditions of the scheme state that the minimum growth in EPS shall be CPI plus 5% per annum, compounded annually
Slide 13: Notes: Property, Plant and Equipment; Receivables
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS CONTINUED 14. PROPERTY, PLANT AND EQUIPMENT 16. TRADE AND OTHER RECEIVABLES CONTINUED Capital expenditure in the first half-year amounted to €1.8 million (30 June 2024: €2.5 million), of which €1.5 million was The following table provi
Slide 14: Notes: Financial Risk Management
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS CONTINUED 18. FINANCIAL RISK MANAGEMENT 18. FINANCIAL RISK MANAGEMENT CONTINUED The Group is exposed to various financial risks arising in the normal course of business. Our financial risk exposures are b) Foreign currency risk continu
Slide 15: Notes: Commitments, Litigation, Related Parties
NOTES TO THE CONDENSED CONSOLIDATED INTERIM Mincon Group plc Smithstown Industrial Estate, FINANCIAL STATEMENTS Shannon, Co. Clare, Ireland. T. +353 (61) 361 099 CONTINUED E. investorrelations@mincon.com W. mincon.com 19. COMMITMENTS The following capital commitments for the purchase of property, pl
Slide 16: Mincon Group plc contact details
Mincon Group plc Smithstown Industrial Estate, Shannon, Co. Clare, Ireland. T. +353 (61) 361 099 E. investorrelations@mincon.com W. mincon.com