Mincon Group Plc · EURONEXT:MIO
Mincon — H1 2020 Earnings Presentation
14 slides from Mincon's earnings presentation, August 2020
Slide 1: Mincon Group plc Half Year Financial Results 2020
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc (Euronext:MIO AIM:MCON), the Irish engineering Group specialising in the design, manufacture, sale and servicing of rock drilling tools and associated products, announces its half year results for the six months ended 30 June 2020. M
Slide 2: 2020 Half Year Financial Results
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 2020 HALF YEAR JOE PURCELL, FINANCIAL RESULTS CHIEF EXECUTIVE OFFICER, COMMENTING ON THE RESULTS, SAID: “The first half of 2020 was a return to increasing revenue, Product development has also been af
Slide 3: Key Financial Commentary
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 KEY FINANCIAL KEY FINANCIAL COMMENTARY COMMENTARY CONTINUED MARKET INDUSTRIES AND PRODUCT MIX EARNINGS (CONTINUED) Towards the end of Q2 2020 the Group has observed Covid-19 government measures being
Slide 4: Group Condensed Consolidated Financial Statements
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 GROUP CONDENSED CONSOLIDATED FINANCIAL INCOME STATEMENT STATEMENTS For the 6 months ended 30 June 2020 Unaudited 2019 Excluding Exceptional Including Unaudited exceptional items exceptional 2020 items
Slide 5: Condensed Consolidated Statement of Comprehensive Income and Financial Position
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 CONDENSED CONSOLIDATED CONSOLIDATED STATEMENT OF STATEMENT OF COMPREHENSIVE INCOME FINANCIAL POSITION For the 6 months ended 30 June 2020 As at 30 June 2020 Unaudited Unaudited Unaudited 2020 2019 30
Slide 6: Condensed Consolidated Statement of Cash Flows and Changes in Equity
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 CONDENSED CONDENSED CONSOLIDATED CONSOLIDATED STATEMENT STATEMENT OF CASH FLOWS OF CHANGES IN EQUITY For the 6 months ended 30 June 2020 For the 6 months ended 30 June 2020 Unaudited Unaudited Non- Un
Slide 7: Notes to the Financial Statements
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 NOTES TO NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS THE FINANCIAL STATEMENTS 1. DESCRIPTION OF BUSINESS Mincon Group plc (“the Company”) is a company incorporated in the Republic of Ireland. The u
Slide 8: Notes to the Consolidated Financial Statements Continued
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 4. CHANGES IN SIGNIFICANT ACCOUNTING POLICIES 7. OPERATING SEGMENTS There have been no changes in significant accounting policies applied in th
Slide 9: Notes to the Consolidated Financial Statements Continued
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 8. COST OF SALES AND OPERATING EXPENSES 8. COST OF SALES AND OPERATING EXPENSES (CONTINUED) Included within cost of sales, selling and distribu
Slide 10: Notes to the Consolidated Financial Statements Continued
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 10. ACQUISITIONS AND DISPOSALS 11. INCOME TAX Acquisitions The Group’s consolidated effective tax rate in respect of operations for the six mon
Slide 11: Notes to the Consolidated Financial Statements Continued
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 13. EARNINGS PER SHARE 15. INTANGIBLE ASSETS Basic earnings per share (EPS) is computed by dividing the profit for the period available to ordi
Slide 12: Notes to the Consolidated Financial Statements Continued
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 18. TRADE AND OTHER RECEIVABLES 20. FINANCIAL RISK MANAGEMENT 30 June 31 December The Group is exposed to various financial risks arising in th
Slide 13: Notes to the Consolidated Financial Statements Continued
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 20. FINANCIAL RISK MANAGEMENT (CONTINUED) 20. FINANCIAL RISK MANAGEMENT (CONTINUED) b) Foreign currency risk (continued) Movements in the year
Slide 14: Notes to the Consolidated Financial Statements Continued
Mincon Group plc Half Year Financial Results 2020 Mincon Group plc Half Year Financial Results 2020 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 23. RELATED PARTIES The Group has relationships with its subsidiaries, directors and senior key management personnel. All transactions with sub