Brief: Incap Group Q2 EBIT Up At EUR 2.9 Million

Incap Oyj

14/08/2019 06:35

Aug 14 (Reuters) - Incap Oyj  ICP1V.HE :
    * REG-INCAP CORPORATION: INCAP GROUP HALF-YEAR FINANCIAL REPORT FOR JANUARY-JUNE 2019 -
STRONG
GROWTH IN REVENUE AND PROFITABILITY CONTINUED
    * REVENUE IN JANUARY-JUNE 2019 AMOUNTED TO EUR 37.2 MILLION, AN INCREASE OF 38% (1-6/2018:
EUR
27.0 MILLION).
    * JAN-JUNE OPERATING PROFIT (EBIT) WAS EUR 5.7 MILLION, AN INCREASE OF 87% (EUR 3.1 MILLION)
    * REVENUE OF Q2 AMOUNTED TO EUR 18.7 MILLION, SHOWING AN INCREASE OF 29.1% (4-6/2018: EUR
14.5
MILLION)
    * OPERATING PROFIT (EBIT) FOR Q2 WAS EUR 2.9 MILLION, AN INCREASE OF 50.2% (4-6/2018: EUR
1.9
MILLION)
    * KEEPS GUIDANCE FOR 2019 SAME
    * ESTIMATES THAT GROUP'S FULL-YEAR REVENUE AND OPERATING PROFIT (EBIT) FOR 2019 WILL BE
HIGHER
THAN IN 2018, PROVIDED THAT THERE ARE NO MAJOR CHANGES IN CURRENCY EXCHANGE RATES OR IN
COMPONENT AVAILABILITY

Source text for Eikon:  ID:nGNE4wK28B 
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