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Mincon ready for Greenhammer impact

Supportive Irish stockbroker Davy maintains local drilling equipment manufacturer Mincon Group’s “much awaited” Greenhammer technology is set to have an immediate impact on the company’s sales and profits after successful testwork in Australia moved the product to commercial release stage. “The rollout of the system is a game changer for the company and, over time, the industry,” Davy said this week.

Staff reporter
Mincon ready for Greenhammer impact

"Revenue from the system could begin before the end of 2019," the broker said. "Despite some Q3 pressures on growth, the success of the Greenhammer means risks to numbers beyond 2019 are now all to...

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