Brief: Incap Q3 Adj. EBIT Up At EUR 3.6 Mln

Incap Oyj

25/11/2020 06:35

Nov 25 (Reuters) - Incap Oyj  ICP1V.HE :
    * INCAP GROUP’S BUSINESS REVIEW FOR JANUARY–SEPTEMBER 2020: BACK ON TRACK WITH GOOD GROWTH
AND
PROFITABILITY
    * REVENUE OF Q3 AMOUNTED TO EUR 28.1 MILLION, SHOWING AN INCREASE OF 59.9% (7- 9/2019: EUR
17.6
MILLION).
    * ADJUSTED EBIT WAS EUR 3.6 MILLION (EUR 2.4 MILLION), CORRESPONDING TO 12.9% OF REVENUE
(13.7%)
    * FOLLOWING A TOUGH Q2 THAT WAS AFFECTED BY NEGATIVE CONSEQUENCES OF COVID-19 PANDEMIC
BUSINESS
RECOVERED DURING Q3.
    * SPECIFIES THAT ESTIMATED REVENUE IN 2020 WILL BE APPROXIMATELY EUR 105-107 MILLION AND
OPERATING
PROFIT (EBIT) APPROXIMATELY EUR 10.5-11.5 MILLION

Source text for Eikon:  ID:nGNE4tqQDM 
Further company coverage:  ICP1V.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))