Brief: Incap Increases Its Operating Profit Estimate For 2020

Incap Oyj

11/11/2020 08:04

Nov 11 (Reuters) - Incap Oyj  ICP1V.HE :
    * REG-INCAP CORPORATION: INCAP INCREASES ITS OPERATING
PROFIT
ESTIMATE FOR 2020
    * DUE TO BETTER VISIBILITY FOR FULL-YEAR PERFORMANCE, INCAP
REVISES ITS OUTLOOK FOR 2020
    * ESTIMATES THAT REVENUE FOR 2020 WILL BE SIGNIFICANTLY
HIGHER
THAN IN 2019 AND OPERATING PROFIT (EBIT) IN 2020 WILL BE HIGHER
THAN IN 2019
    * INCREASE IN ESTIMATED OPERATING PROFIT (EBIT) IS BASED ON
GOOD
DEVELOPMENT PRIMARILY AT INDIAN FACTORY
    * ESTIMATED REVENUE GROWTH IS MAINLY DRIVEN BY AWS
ELECTRONICS
GROUP ACQUISITION FINALIZED IN JANUARY 2020

Source text for Eikon:  ID:nGNE8W727b 
Further company coverage:  ICP1V.HE 

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