Brief: Incap Sees 2023 EBIT At EUR 24-28 Million

Incap Oyj

25/10/2023 07:12

Oct 25 (Reuters) - Incap Oyj  ICP1V.HE :
    * ESTIMATES THAT ITS REVENUE FOR 2023 WILL BE EUR 210-220
MILLION
AND EBIT EUR 24-28 MILLION.
    * LOWER OPERATING PROFIT ESTIMATE IS DUE TO INCAP'S LARGEST
CUSTOMER'S UPDATED SALES FORECAST
    * CUSTOMER'S DESTOCKING WILL TAKE LONGER THAN EXPECTED.
    * EXPECTS TO SEE FULL IMPACT OF DECREASED VOLUMES DURING Q4

Source text for Eikon:  ID:nMFNb4bwhg 
Further company coverage:  ICP1V.HE 

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