Incap Oyj Lowers Financial Guidance for H2 2013 and Specifies Full FY 2013 Financial Outlook


Thursday, 31 Oct 2013 02:30am EDT 

Incap Oyj announced that the Company specifies its financial guidance given on September 13, 2013 and estimates that the Company's revenue in the fiscal year 2013 will be approximately EUR 36 million. The revenue is as previously announced significantly lower than in 2012 when it was EUR 64,1 million. The revenue for the second half (H2) of 2013 is estimated to be smaller than the one of the first half (H1) of the year, when the revenue amounted to EUR 20.5 million. The full fiscal year 2013 operating result (EBIT) is estimated to be negative. In its estimate given on September 13, 2013, the Company communicated that the revenue for the latter part of the year will be approximately on the same level than for the first half of the year, when the revenue was EUR 20.5 million. Accordingly, the full-year revenue for 2013 was estimated to be significantly lower than in 2012. The Group's full-year operating result 2013 was estimated to be negative. 

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9:08am EDT