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Incap Oyj (ICP1V.HE)

ICP1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Incap H1 EBIT increases to EUR 2.2 mln
Tuesday, 23 Aug 2016 01:00am EDT 

Incap Oyj : H1 revenue 17.9 million euros ($20.29 million) versus 13.3 million euros year ago . H1 EBIT 2.2 million euros versus 1.5 million euros year ago .Repeats its previous guidance, according to which the full-year revenue in 2016 is estimated to be about 35-40 million euros and the operating profit (EBIT) is estimated to be about on the same level or somewhat higher than in 2015, provided that there are no major changes in exchange rates.  Full Article

Incap Q1 EBIT rises to 1.2 million versus
Thursday, 12 May 2016 01:31am EDT 

Incap Oyj : Estimates that group's revenue in 2016 will be about 35-40 million euros . Operating profit (EBIT) in 2016 is estimated to be about at same level or somewhat higher than in 2015 . Q1 revenue 8.7 million euros ($9.93 million) versus 5.9 million euros year ago .Q1 EBIT 1.2 million versus 0.5 million euros year ago.  Full Article

Incap expands production facilities in India
Thursday, 7 Apr 2016 01:00am EDT 

Incap Oyj:Says has signed a construction contract on the expansion of its present factory premises in India.The construction work will commence in April and the expansion of about 2,000 square metres is scheduled to be available by the end of 2016.The construction costs of about 1 million euros will be financed using operating income.  Full Article

Incap Oyj provides outlook for FY 2016
Thursday, 18 Feb 2016 01:30am EST 

Incap Oyj:The Group's revenue in FY 2016 is estimated to be somewhat higher than in FY 2015.FY 2016 the operating profit (EBIT) is estimated to be about at the same level than in FY 2015.  Full Article

Incap specifies FY 2015 revenue and EBIT outlook
Thursday, 12 Nov 2015 01:35am EST 

Incap Oyj:Incap Oyj.Estimates FY 2015 revenue will be about 25 million - 30 million euros.Sees FY 2015 operating profit ex-items of about 2.9 million - 3.5 million euros.Previously estimated that group's revenue and operating profit (EBIT) in 2015 would be clearly higher than in FY 2014, when the revenue was 18.5 million euros and the operating profit (EBIT) 1.1 million euros.  Full Article

Incap Oyj and Comsel System to cooperate on manufacture of IoT-equipment
Thursday, 10 Sep 2015 01:00am EDT 

Incap Oyj:The company and Comsel System launch co-operation in equipment manufacture for internet of things (IoT).Besides the manufacture, will also take care of final assembly (box-build) and delivers products directly to customers of Comsel System.  Full Article

Incap and Kemppi start cooperation in India
Monday, 31 Aug 2015 03:45am EDT 

Incap Oyj:Incap Corporation and Kemppi Oy have signed contract on cooperation concerning electronics manufacturing services.Incap's subsidiary in Tumkur, near Bangalore in India, will deliver electronics assemblies to Kemppi's factory in Chennai to be used in Kemppi's arc welding equipment.  Full Article

Incap outsources Finance & Administration functions, CFO leaves company
Wednesday, 26 Aug 2015 08:17am EDT 

Incap Oyj:Continues developing its corporate functions Is outsourcing its Finance & Administration to cooperating partners.New operational model of Finance & Administration will be implemented as from Sept. 1, 2015.Kirsti Parvi, who has been acting as CFO of Incap Group as from 2011, is turning to new tasks outside company.  Full Article

Incap comments on FY 2015 outlook
Thursday, 6 Aug 2015 01:45am EDT 

Incap Oyj:Specifies its previous guidance and estimates that group's revenue and EBIT in 2015 will be clearly higher than in 2014.  Full Article

Incap final results of rights issue indicates issue over-subscribed
Wednesday, 24 Jun 2015 10:00am EDT 

Incap Oyj:Final result of rights issue of Incap Corporation: rights issue was over-subscribed.Altogether 106,585,585 new shares were subscribed by preferred subscription rights.Altogether 52,850,453 new shares were subscribed by secondary subscription rights i.e. altogether about 146 pct of all new shares offered.Subscription period began on June 1 and ended June 22.As a result of rights issue, amount of company's shares will increase to 218,228,070 from 109,114,035 shares.Company thus collected 2,181,281 euros ($2.44 million) of new equity through rights issue i.e. full amount targeted under rights issue.  Full Article

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