Incap Oyj

Incap Corporation announced that its half-year report for January–June 2024 will be published on Friday, 26 July 2024, at around 9:00 a.m. Finnish time. Reporting materials in both Finnish and English will be available on the company's website. A webcast to discuss the results will be held the same day at 11:00 a.m. Finnish time, featuring presentations by CEO Otto Pukk and CFO Antti Pynnönen, along with a video update on US operations by David Spehar, Managing Director of Incap Electronics US. The webcast can be followed live online, with a recording available later on the company's website. Incap Corporation is a global Electronics Manufacturing Services provider with operations in multiple countries and approximately 1,700 employees. The company has been listed on Nasdaq Helsinki Ltd since 1997.

Incap Corporation issued a correction to its earlier release from July 18, 2024, clarifying that the title should reference the year 2024 instead of 2014. The corrected release states that Incap has raised its outlook for 2024, now expecting revenue to be higher and operating profit (EBIT) to be at the same level as in 2023, contrary to previous estimates of lower revenue and EBIT for 2024. Incap Corporation is a global Electronics Manufacturing Services provider with operations in multiple countries and approximately 1,700 employees. Its shares are listed on the Nasdaq Helsinki Ltd stock exchange.

Incap Corporation has revised its outlook for 2024, now anticipating higher revenue compared to 2023, with operating profit (EBIT) expected to be at the same level as in 2023. This is an improvement from their previous estimate, which projected lower revenue and operating profit for 2024. Incap Corporation is a global provider of Electronics Manufacturing Services, serving a diverse range of customers and employing around 1,700 people across multiple countries. The company’s shares have been listed on the Nasdaq Helsinki Ltd stock exchange since 1997. For further information, contact Otto Pukk, President and CEO.

Incap UK has completed the first phase of a EUR 1.5 million investment to upgrade its SMT (surface-mount technology) production line, installing the first fully automated high-precision solder screen printer of its kind in the UK and two advanced SMT placement modules. This upgrade has increased the initial SMT production capacity by 33%. Managing Director Jamie Maughan highlighted that the upgrade enhances efficiency, flexibility, quality, and capacity, and integrates advanced software for real-time intelligent machine monitoring, leading to energy savings. The second phase will involve similar upgrades to the second production line. The enhancements, including advanced Industry 4.0 architecture, will improve data acquisition and interfacing with future ERP systems. Incap's collaboration with Panasonic underscores its commitment to operational excellence and environmental sustainability. The Newcastle-under-Lyme factory offers comprehensive manufacturing services and has extensive experience in various markets. Incap Corporation is a global EMS provider with operations in multiple countries and a workforce of approximately 1,700 people.

Incap Corporation held its Annual General Meeting on May 10, 2024. The meeting approved the annual accounts for 2023 and discharged the Board of Directors and President and CEO from liability. No dividend will be paid for 2023. The Remuneration Report and the Remuneration Policy for governing bodies were approved. The remuneration for the Chairman of the Board is EUR 65,000 and for the Board members is EUR 35,000, with additional meeting attendance fees. The auditor will be paid against a reasonable invoice. The Board of Directors was re-elected and PricewaterhouseCoopers Oy was re-elected as the auditor and sustainability auditor. The Board was authorized to issue new shares, up to 10% of the total shares. The Board can decide on terms and scope related to share issues. The Board elected Ville Vuori as the Chairman and established two committees. The minutes of the meeting will be available on May 24, 2024.

Incap Corporation will publish its business review for Q1 2024 on 8th May 2024 at 9:00 a.m. Finnish time. The report will be available in Finnish and English on the company's website. A webcast will be held at 11:00 a.m. Finnish time, where CEO Otto Pukk and CFO Antti Pynnönen will present the results. The public can ask questions during the webcast, and a recording will be available on the company's website later that day. Incap Corporation is a global Electronics Manufacturing Services provider with operations in several countries, employing about 1,700 people.

Incap Corporation has issued a notice to its shareholders about its Annual General Meeting (AGM) to be held on 10 May 2024 in Helsinki, Finland. The meeting's agenda includes the presentation of the annual accounts and auditor's report for 2023, adoption of the annual accounts, and decisions on the use of profit and dividend payment. The board proposes not to pay a dividend for 2023, a decision supported by shareholders representing over 30% of shares and votes. Other issues include the handling of the remuneration report and policy for governing bodies, remuneration of board members and auditors, and the election of board members and auditors. The board also seeks authorization to issue new shares or other special rights entitling to shares. Shareholders are invited to register for the meeting from 12 April 2024.