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© designersart dreamstime.com Electronics Production | August 07, 2015

Incap increased its revenues and profitability during 1H 2015

The revenue of Incap Group increased by 63% on the corresponding period last year to EUR 13.3 million. Also profitability improved further and operating profit amounted to EUR 1.5 million.
The outlook of the company is good, and both the Group's revenue and operating profit are estimated to exceed clearly the level of previous year. The financing position of the company has improved as a result of enhanced profitability and the successful rights issue, the company states in its fiscal report.

Key figures in January-June 2014

The Group's revenue in January-June 2015 grew by 63% on corresponding period last year, amounting to EUR 13.3 million (1-6/2014: EUR 8.2 million).

The Group's operating profit (EBIT) improved clearly on corresponding period of previous year and amounted to approximately EUR 1.5 million (EUR -0.1 million), being more than 11% of revenue.

Net profit for the period improved compared with the corresponding period of previous year and amounted to EUR 0.8 million (EUR -0.6 million).

"By focusing on the electronics manufacturing business we have achieved the targeted efficiency improvement both in sales and delivery process. Focusing has enabled the introduction of a new operational model, which has been very successfully implemented by our organization. Both our revenue and profitability show a significant improvement, said Ville Vuori, President and CEO of Incap Group.

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