Brief: Incap Q2 Adjusted EBIT Up At EUR 8.8 Million

Incap Oyj

28/07/2022 06:34

July 28 (Reuters) - Incap Oyj  ICP1V.HE :
    * H1 EARNINGS PER SHARE 0.38 EUR VERSUS 0.27 EUR YEAR AGO
    * H1 NET PROFIT 11.2 MILLION EUR
    * INCAP GROUP’S HALF-YEAR FINANCIAL REPORT FOR JANUARY–JUNE
2022
(UNAUDITED): STRONG REVENUE AND PROFITABILITY GROWTH CONTINUED
    * Q2 REVENUE GREW 82.2% AND AMOUNTED TO EUR 61.2 MILLION
(4-6/2021: EUR 33.6 MILLION)
    * Q2 ADJUSTED EBIT EUR 8.8 MILLION VERSUS EUR 4.5 MILLION
YEAR AGO
    * ESTIMATES THAT ITS REVENUE, OPERATING PROFIT (EBIT) AND
ADJUSTED
OPERATING PROFIT (EBIT) FOR 2022 WILL BE CLEARLY HIGHER THAN IN
2021
    * INCREASE IN REVENUE AND OPERATING PROFIT ESTIMATE IS
DRIVEN BY
IMPROVED VISIBILITY RELATED TO CUSTOMERS' FORECASTS AND
COMPANY'S OWN ASSESSMENTS OF BUSINESS DEVELOPMENT.
    * PREVIOUSLY INCAP ESTIMATED THAT ITS REVENUE, OPERATING
PROFIT
(EBIT) AND ADJUSTED OPERATING PROFIT (EBIT) FOR 2022 WILL BE
HIGHER THAN IN 2021.

Source text for Eikon:  ID:nGNETjV78 
Further company coverage:  ICP1V.HE 

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