Incap to increase its estimate for the full-year result in 2018


12.10.18 07:00
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Incap to increase its estimate for the full-year result in 2018

Incap Corporation                                  

Stock Exchange Release   12 October 2018 at 8.00 a.m. (EEST)      

INCAP TO INCREASE ITS ESTIMATE FOR THE FULL-YEAR RESULT IN 2018

Incap updates its estimate for the full-year result in 2018 based on the preliminary calculations and estimates that the Group's revenue and opeRating profit (EBIT) in 2018 will be clearly higher than in 2017. The Group's revenue in 2017 amounted to EUR 48.5 million and operating profit (EBIT) to EUR 4.5 million.

The company estimated previously on 15 August 2018 that the Group's revenue and operating profit (EBIT) in 2018 will be higher than in 2017, provided that there are no major changes in exchange rates or in material availability.

Incap Group's business review for January-September 2018 will be published on Wednesday, 7 November 2018.

INCAP CORPORATION

Further information:

Otto Pukk, President & CEO, tel. +372 508 0798

DISTRIBUTION

Nasdaq Helsinki Ltd.

Principal media

www.incapcorp.com

INCAP IN BRIEF

Incap Corporation is an international contract manufacturer. Incap's customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China, and the company currently employs approximately 670 people. Incap's share is listed on the Nasdaq Helsinki Ltd. as from 1997. Additional information: www.incapcorp.com.






This announcement is distributed by West Corporation on behalf of West Corporation clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Incap Oyj via Globenewswire




 

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