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Davy Research

Mincon Group

Weak demand seen in H1

Aug 12 2019, 07:40 IST/BST
Colin Sheridan CFA
Company Report
5 page(s)

Sectors : Industrial machinery

Companies : Mincon Group

Ratings and price correct at time of issue.

Mincon Group

Closing Price: 118c
RATING 14/02/14
OUTPERFORM
PREVIOUS RATING N/A

Colin Sheridan CFA

Analyst

DAVY VIEW

While the slowdown in the market in H1 will put pressure on full year estimates, there is some good news from the Mincon results. The Greenhammer system is progressing well, and the company has seen significant recent contract wins. The disposal of Hardtekno has also delivered an exceptional one-off gain.

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Aug 12 2019, 07:40 IST/BST

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Mincon Group

Weak demand seen in H1

Mincon Group

RATING 14/02/14

Colin Sheridan CFA

DAVY VIEW

Download full report with analyst certification and important disclosures