Company Mincon Group plc

Equities

MCON

IE00BD64C665

Industrial Machinery & Equipment

Market Closed - London S.E. 11:35:29 2024-04-19 am EDT 5-day change 1st Jan Change
45 GBX -2.17% Intraday chart for Mincon Group plc -2.17% -20.35%

Business Summary

Mincon Group plc designs, produces, and sells rock drilling tools. Its products are used in the mining exploration, oil and gas production, water well drilling, geothermal drilling, and seismic drilling sectors. Net sales break down by activity as follows:

- drilling tool sales (81.8%): conventional down-the-hole hammers, inverted circulation down-the-hole hammers, and horizontal directional drilling systems. The group also offers training and technical support services;

- distribution of third-party products (18.2%): drilling platforms, sludge pumps, insertion grinders, and lubricants.

At the end of 2023, Mincon Group plc had 9 manufacturing sites located in Ireland, the United States (2), Finland, Sweden, Australia, the United Kingdom, Canada and South Africa.

Net sales are distributed geographically as follows: Ireland (1%), Europe-Middle East-Africa (47.5%), the Americas (42.4%) and Australasia (9.1%).

Number of employees: 604

Sales per Business

EUR in Million2022Weight2023Weight Delta
Drilling Equipment
100.0 %
170 100.0 % 157 100.0 % -7.69%

Sales per region

EUR in Million2022Weight2023Weight Delta
Europe, Middle East, Africa
47.5 %
80 47.3 % 75 47.5 % -7.34%
United States
24.5 %
42 24.9 % 38 24.5 % -9.43%
Americas
17.9 %
27 16.1 % 28 17.9 % +2.61%
Australasia
9.1 %
17 9.9 % 14 9.1 % -15.03%
Ireland
1.0 %
3 1.7 % 2 1.0 % -45.56%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 97-12-31
Director of Finance/CFO 44 12-12-31
Chief Operating Officer 53 13-09-22
Investor Relations Contact 42 17-07-31
Corporate Officer/Principal 60 17-01-05

Members of the board

Members of the board TitleAgeSince
Director/Board Member 58 19-12-04
Chairman 74 16-12-12
Chief Executive Officer 58 97-12-31
Chief Operating Officer 53 13-09-22
Founder 87 76-12-31
Corporate Officer/Principal 60 17-01-05
Director/Board Member 58 22-03-13
Director/Board Member 51 Dec. 05

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 212,472,413 92,658,599 ( 43.61 %) 0 43.61 %

Shareholders

NameEquities%Valuation
119,671,200 56.32 % 71 M p
Fidelity Management & Research Co. LLC
9.996 %
21,238,729 9.996 % 13 M p
Investmentaktiengesellschaft für langfristige Investoren TGV
8.836 %
18,773,990 8.836 % 11 M p
Setanta Asset Management Ltd.
1.257 %
2,670,985 1.257 % 2 M p
HC Capital Advisors GmbH
0.6330 %
1,345,000 0.6330 % 798 930 p
Irish Life Investment Managers Ltd.
0.5229 %
1,110,918 0.5229 % 659 885 p
QS Investors LLC
0.3850 %
818,000 0.3850 % 485 892 p
Amundi Asset Management SA (Investment Management)
0.0639 %
135,751 0.0639 % 80 636 p

Company contact information

Mincon Group Plc

Smithstown Industrial Estate

, Shannon

+353 6 136 1099

http://www.mincon.com
address Mincon Group plc(MCON)
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