Brief: Incap Decreases Revenue, Operating Profit Estimate For 2023

Incap Oyj

18/04/2023 10:13

April 18 (Reuters) - Incap Oyj  ICP1V.HE :
    * INCAP CORPORATION: INCAP DECREASES ITS REVENUE AND
OPERATING
PROFIT ESTIMATE FOR 2023
    * ESTIMATES THAT ITS REVENUE AND OPERATING PROFIT (EBIT) FOR
2023
WILL BE LOWER THAN IN 2022
    * PREVIOUSLY INCAP ESTIMATED THAT ITS REVENUE, OPERATING
PROFIT
(EBIT) AND ADJUSTED OPERATING PROFIT (EBIT) FOR 2023 WOULD BE
HIGHER THAN IN 2022
    * DECREASE IN REVENUE AND OPERATING PROFIT ESTIMATE IS
RELATED TO
INCAP'S LARGEST CUSTOMER, WHO HAS DECIDED TO REDUCE INVENTORY
LEVELS AND IS POSTPONING ORDERS FROM 2023 TO 2024

Source text for Eikon:  ID:nMFNRKJD6 
Further company coverage:  ICP1V.HE 

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