€0.005 loss per share (vs €0.023 profit in 1H 2023)

Mincon Group (LON:MCON) First Half 2024 Results

Key Financial Results

• Revenue: €68.0m (down 16% from 1H 2023).

• Net loss: €983.0k (down by 120% from €4.90m profit in 1H 2023).

• €0.005 loss per share (down from €0.023 profit in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mincon Group Earnings Insights

Looking ahead, revenue is forecast to grow 7.0% pa on average during the next 3 years, compared to a 5.1% growth forecast for the Machinery industry in the United Kingdom.

Performance of the British Machinery industry.

The company’s share price is broadly unchanged from a week ago.

Risk Analysis

Don’t forget that there may still be risks. For instance, we’ve identified 5 warning signs for Mincon Group (1 is significant) you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.