Mincon Group posts strong end-of-year results
Profits up at mining equipment group despite market challenges
Mincon Group, the Clare-based company that specialises in rock drilling tools, has reported a 26 per cent increase in sales and a total revenue increase of 29 per cent.
Sales inMincon manufactured product increased by €11.0 million, attributed to the group's global expansion and the acquisition of a Rotary product manufacturer, Rotacan.
The opening of offices throughout the southern hemisphere combined with favourable currency conditions against the dollar also contributed to a total ...