INCAP GIVES OUT PRELIMINARY INFORMATION ON FINANCIAL RESULTS IN 2007: THE FULL-YEAR’S OPERATING PROFIT IS POSITIVE
INCAP CORPORATION STOCK EXCHANGE RELEASE 5 February 2008 at 10.30 a.m.
According to preliminary calculations, the Incap Group’s full-year revenue in 2007 is approximately EUR 83.2 million i.e. approximately 7% lower than the year before. Operating profit is estimated to be EUR 0.7 million. A sales gain of EUR 3.1 million from the sale of manufacturing premises in Helsinki has been included in the operating profit. The loss for the period is approximately EUR -0.8 million and the earnings per share approximately -0.07 euros.
Incap has previously estimated the full-year operating profit to be clearly negative.
Above mentioned figures are unaudited and are not based on financial statement approved by the Board of Directors. Incap Group will publish its financial statement for 2007 on 4 March 2008.
President & CEO
For additional information, please contact:
Juhani Hanninen, President and CEO, tel. +358 50 556 7199
Anne Sointu, CFO, tel. +358 40 347 2059
Hannele Pöllä, Director, Communications and Investor Relations, tel. +358 40 504 8296
OMX Nordic Exchange Helsinki
INCAP IN BRIEF
Incap Corporation is a fast-growing electronics contract manufacturer whose comprehensive service covers the entire product life cycle from design and manufacture to repair and maintenance services. The company’s main customers are leading equipment suppliers in telecommunications, electrical power technology, the automation and process industries as well as measurement technology, safety electronics and health care. The Incap Group’s revenue in 2006 amounted to EUR 89 million and the company currently employs approx. 750 persons. Incap’s share is listed on the OMX Nordic Exchange Helsinki. For additional information, please visit www.incap.fi