Last €0.06 EUR
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As of 11:29 AM 07/28/14 All times are local (Market data is delayed by at least 15 minutes).

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08/21/13 - €0.19
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03/18/14 - €0.04
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incap oyj (ICP1V) Details

Incap Oyj operates as a contract manufacturer of electromechanical products to equipment manufacturers in the energy efficiency and well-being businesses. Its services cover design, sourcing and procurement, manufacturing of prototypes, ramp-up of production, volume production, final assembly, testing, logistics, and repair and maintenance services. The company’s products for energy efficiency sector includes equipment and components for generators and electric motors, energy meters, power supplies, equipment for transformation of electrical energy, UPS equipment for uninterrupted and undisturbed current input, electrical cabinets, and equipment for solar and wind power solutions. Its products for well-being sector consists of performance measuring devices for sports, electronic weighing scales, dentistry equipment, health and patient care monitors, devices for surveillance and tracking, slot machines, metal detectors, locks, and weather forecasting equipment. The company primarily has operations in Finland, India, China, and Estonia. Incap Oyj was founded in 1985 and is based in Helsinki, Finland.

279 Employees
Last Reported Date: 03/18/14
Founded in 1985

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incap oyj (ICP1V) Key Developments

Incap Corporation Announces Executive Changes

Ville Vuori, (BSc in Engineering and eMBA), has been appointed President and CEO for Incap Corporation as from 23rd June 2014 on. Ville Vuori has previously been employed eg. by Kumera Drives Oy and Skyhow Ltd. as Managing Director and ABB Group in several managerial positions. The former President and CEO of Incap Corporation, Fredrik Berghel, will continue as a member of the Board of Directors.

Incap Group Reports Earnings Results for the First Quarter Ended March 31, 2014; Reiterates Earnings Guidance for the Year 2014

Incap Group reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of EUR 5,460,000 against EUR 10,654,000 a year ago. Operating loss was EUR 191,000 against EUR 1,432,000 a year ago. Net loss was EUR 374,000 against EUR 1,855,000 a year ago. Loss per share were EUR 0.003 against EUR 0.09 per share a year ago. For the year 2014, the company keeps its financial guidance for 2014 unchanged: The company estimates that the Group's revenue in 2014 will be significantly smaller than in 2013 when the revenue amounted to EUR 36.8 million. The company estimates that the full-year operating result (EBIT) is positive.

Incap Corporation Approves Changes to Articles of Association

Incap Corporation announced that at its AGM held on 10 April 2014, the company has approved the changes to Articles of Association. The Board of Directors proposed that the stipulations of articles of association regarding the number of the board members shall be changed as follows: article 5 Board of Directors: the company shall have a Board of Directors with a minimum of three and a maximum of seven members. The Board of Directors elects amongst its number a Chairman. The term of office for the Board of Directors shall expire at the close of the next Annual General Meeting to take place after its election.


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