Bangalore, India
Bangalore, India

Time filter

Source Type

INCAP LYHYESTI Incap on kansainvälisesti toimiva elektroniikan sopimusvalmistaja. Incapin asiakkaat ovat oman alansa johtavia korkean teknologian laitetoimittajia, joille Incap tuottaa kilpailukykyä strategisena kumppanina. Incapilla on toimintaa Suomessa, Virossa, Intiassa ja Hongkongissa. Yhtiön palveluksessa on tällä hetkellä noin 520 henkilöä. Incapin osake on listattu Nasdaq Helsinki Oy:ssä vuodesta 1997 lähtien. Lisätietoja: www.incapcorp.com.


Incap Corporation                                 Interim report                       16 May 2017 at 8.30 a.m. (EET) The information in this business review concerns the development of Incap Group in January-March 2017 and in the corresponding period of 2016, unless otherwise stated. The figures are unaudited. Incap Group's revenue for January-March 2017 developed favourably both in India and in Estonia, growing by 26% on the comparison period. The growth was mainly based on increased demand of long-term customers. The operating profit (EBIT) amounted to EUR 1.0 million, showing a decrease of 17% on the comparison period last year. Major reason for the decrease was the higher material costs. Due to the current growth of global electronics market the prices of main commodity raw materials such as copper, led and tin are increasing, resulting in higher component prices. The Group's operating profit margin amounted to 8.8%, being in the upper end of the common levels in the electronics manufacturing services business. During the preceding quarter October-December 2016 the operating profit amounted to 10.5% and in the corresponding period January-March 2016 to 13.4%. The extension of the export production facilities in India was inaugurated during the review period. Also in the factory in Estonia the manufacturing capacity was increased by a new SMT line. Incap repeats its previous guidance and outlook for the year 2017. The Group's revenue in 2017 is estimated to be higher than in 2016 when it was EUR 38.6 million. The operating profit (EBIT) is estimated to be somewhat higher than in 2016 when it was EUR 4.4 million. The figures have been estimated based on the assumption that there are no major changes in exchange rates. Incap will publish its half-year report for January-June 2017 in accordance with IAS 34 on Wednesday, 23 August 2017. "The first quarter of 2017 met with our expectations. The production portfolio was as forecasted a bit unfavorable with respect to profitability due to high material shares and increasing raw material prices, which will take some time to mitigate. The increase in volumes is positive and improves our position in many ways. Overall, our outlook remains positive. We are expecting organic growth to continue and even though the relative profitability is approaching the market standards levels, we trust in our business model and aim to be among the best in the peer group also in future especially in terms of profitability." For additional information, please contact: Ville Vuori, President and CEO, tel. +358 400 369 438 INCAP IN BRIEF Incap Corporation is an international electronics contract manufacturer. Incap's customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and Hong Kong, and the company currently employs approximately 520 people. Incap's share is listed on the Nasdaq Helsinki Ltd. as from 1997. Additional information: www.incapcorp.com.


INCAP LYHYESTI Incap on kansainvälisesti toimiva elektroniikan sopimusvalmistaja. Incapin asiakkaat ovat oman alansa johtavia korkean teknologian laitetoimittajia, joille Incap tuottaa kilpailukykyä strategisena kumppanina. Incapilla on toimintaa Suomessa, Virossa, Intiassa ja Hongkongissa. Yhtiön palveluksessa on tällä hetkellä noin 520 henkilöä. Incapin osake on listattu Nasdaq Helsinki Oy:ssä vuodesta 1997 lähtien. Lisätietoja: www.incapcorp.com.


Incap Corporation                                 Interim report                       16 May 2017 at 8.30 a.m. (EET) The information in this business review concerns the development of Incap Group in January-March 2017 and in the corresponding period of 2016, unless otherwise stated. The figures are unaudited. Incap Group's revenue for January-March 2017 developed favourably both in India and in Estonia, growing by 26% on the comparison period. The growth was mainly based on increased demand of long-term customers. The operating profit (EBIT) amounted to EUR 1.0 million, showing a decrease of 17% on the comparison period last year. Major reason for the decrease was the higher material costs. Due to the current growth of global electronics market the prices of main commodity raw materials such as copper, led and tin are increasing, resulting in higher component prices. The Group's operating profit margin amounted to 8.8%, being in the upper end of the common levels in the electronics manufacturing services business. During the preceding quarter October-December 2016 the operating profit amounted to 10.5% and in the corresponding period January-March 2016 to 13.4%. The extension of the export production facilities in India was inaugurated during the review period. Also in the factory in Estonia the manufacturing capacity was increased by a new SMT line. Incap repeats its previous guidance and outlook for the year 2017. The Group's revenue in 2017 is estimated to be higher than in 2016 when it was EUR 38.6 million. The operating profit (EBIT) is estimated to be somewhat higher than in 2016 when it was EUR 4.4 million. The figures have been estimated based on the assumption that there are no major changes in exchange rates. Incap will publish its half-year report for January-June 2017 in accordance with IAS 34 on Wednesday, 23 August 2017. "The first quarter of 2017 met with our expectations. The production portfolio was as forecasted a bit unfavorable with respect to profitability due to high material shares and increasing raw material prices, which will take some time to mitigate. The increase in volumes is positive and improves our position in many ways. Overall, our outlook remains positive. We are expecting organic growth to continue and even though the relative profitability is approaching the market standards levels, we trust in our business model and aim to be among the best in the peer group also in future especially in terms of profitability." For additional information, please contact: Ville Vuori, President and CEO, tel. +358 400 369 438 INCAP IN BRIEF Incap Corporation is an international electronics contract manufacturer. Incap's customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and Hong Kong, and the company currently employs approximately 520 people. Incap's share is listed on the Nasdaq Helsinki Ltd. as from 1997. Additional information: www.incapcorp.com.


News Article | April 18, 2017
Site: globenewswire.com

RESOLUTIONS OF INCAP CORPORATION'S ANNUAL GENERAL MEETING AND THE BOARD OF DIRECTORS Incap Corporation's Annual General Meeting was held on 18 April 2017 in Helsinki. A total of 27 shareholders participated in the meeting, representing 53,3% of all shares and votes of the company. Adoption of the annual accounts and resolution on the use of the profit shown on the balance sheet and the payment of dividends The Annual General Meeting adopted the annual accounts for the financial period ending on 31 December 2016. The Annual General Meeting resolved in accordance with the Board's proposal that no dividend be paid and that the parent company's profit for the financial period (EUR 464,201.93) be recognised in equity. The Annual General Meeting resolved to discharge the members of the Board of Directors and the President and CEO from liability. Remuneration of the members of the Board of Directors and the Auditor The Annual General Meeting resolved that the fees paid for the members of the Board of Directors will be the same as in 2016 as follows: the annual fee to be paid for Chairman of the Board is EUR 15,000 and for the Board members EUR 10,000 and it will be paid in month-by-month. There will be no separate fee for each meeting. Eventual travel expenses will be compensated according to the travel regulations of the company. The Annual General Meeting resolved that the auditor is paid against a reasonable invoice. Resolution on the number of members of the Board of Directors and election of members of the Board of Directors and the Auditor The Annual General Meeting resolved that the number of members of the Board of Directors is four (4). The Annual General Meeting re-elected Carl-Gustaf von Troil and elected Per Kristiansson, Vesa Mäkelä and Johan Ålander as members to the Board of Directors. The Annual General Meeting re-elected the firm of independent accountants Ernst & Young Oy as the company's auditor. The auditing firm has informed that the principal auditor will be Bengt Nyholm, Authorised Public Accountant. Authorising the Board of Directors to decide on the issuance of shares as well as the issuance of other special rights entitling to shares The Annual General Meeting authorised the Board of Directors to decide to issue new shares either against payment or without payment. The authorisation entitles to a maximum quantity of 436,516 new shares. The new shares may be issued to the company's shareholders in proportion to their current shareholdings in the company or deviating from the shareholders' pre-emptive right through one or more directed share issue, if the company has a weighty financial reason to do so, such as developing the company's equity structure, implementing mergers and acquisitions or other restructuring measures aimed at developing the company's business, financing of investments and operations or using the shares as a part of the company's remuneration and compensation system. The Board of Directors would decide upon terms and scope related to share issues. Based on the authorisation, the Board of Directors can pursuant to chapter 10, section 1, of the Companies Act also decide on issuing other special rights entitling to new shares of the company. The subscription price of the new shares can be recorded partly or fully to the invested unrestricted equity reserves or to equity according to the decision of the Board of Directors. The Board of Directors is entitled to decide on conditions regarding the issuance of shares as well as the issuance of other special rights entitling to shares. The authorisation is valid for one year from the Annual General Meeting. Organising meeting of the Board of Directors The Board of Directors elected in the Annual General Meeting held its organising meeting after the Annual General Meeting and elected amongst its number Johan Ålander as the Chairman of the Board. The minutes of the Annual General Meeting will be available on Incap Corporation's website as from 2 May 2017. INCAP IN BRIEF Incap Corporation is an international contract manufacturer. Incap's customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China, and the company currently employs approximately 520 people. Incap's share is listed on the Nasdaq Helsinki Ltd. as from 1997. Additional information: www.incapcorp.com.


News Article | April 18, 2017
Site: globenewswire.com

INCAP LYHYESTI Incap on kansainvälisesti toimiva sopimusvalmistaja. Incapin asiakkaat ovat oman alansa johtavia korkean teknologian laitetoimittajia, joille Incap tuottaa kilpailukykyä strategisena kumppanina. Incapilla on toimintaa Suomessa, Virossa, Intiassa ja Kiinassa. Yhtiön palveluksessa on tällä hetkellä noin 520 henkilöä. Incapin osake on listattu Nasdaq Helsinki Oy:ssä vuodesta 1997 lähtien. Lisätietoja: www.incapcorp.com.


News Article | February 10, 2017
Site: globenewswire.com

INCAP INDIA ADOPTS A SCHOOL AS PART OF THE CORPORATE SOCIAL RESPONSIBILITY While the net profit of Incap Corporation's subsidiary in India, Incap Contact Manufacturing Services Private Limited, has exceeded a certain level, the company was in line with the local Companies Act 2013 requested to constitute a Corporate Social Responsibility Committee and to spend at least 2% of the average net profits of the company made during the three immediately preceding financial years to the CSR activities. The CSR Committee of Incap has identified a suitable CSR activity and the Board of Incap India has resolved to contribute to the School Development Monitoring Committee. The Committee is in charge of the development of Government schools in rural areas including among others the construction of class rooms, computer labs, science labs, libraries and reading rooms in the Government Schools in Maskal in the area of Tumkur Taluk, Karnataka, India. INCAP IN BRIEF Incap Corporation is an international contract manufacturer. Incap's customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China, and the company currently employs approximately 520 people. Incap's share is listed on the Nasdaq Helsinki Ltd. as from 1997. Additional information: www.incapcorp.com.


News Article | November 30, 2016
Site: globenewswire.com

Incap Contract Manufacturing Services Pvt Ltd has been honored with the Prestigious Exports Award for the year 2015-2016. The award was granted by the STPI (Software Technology Parks of India) of Karnataka, and Incap was selected for the award "For the best performance - High Growth in Electronic Hardware Exports" (exports > 100 crores - < 2000 crores). Mr. Murthy Munipalli, Managing Director of Incap India, collected the award during Bangalore ITE.Biz 2016 event, held at Bangalore palace on 29 November 2016 in Bangalore. Mr. Munipalli said: "We are honored by this recognition and appreciate this very much. It is indeed a confirmation of our efforts in delivering top quality products to our customers on time and constantly meeting their expectations." Thanks to our valued customers and our entire team, we have grown by 58% in exports over the previous year! It may be noted that in June 2016, Incap India was granted the Export Excellence Award from the FKCCI (Federation of Karnataka Chambers of Commerce and Industry), as well. For further information, please contact; Mr. Murthy Munipalli, Managing Director of Incap CMS Pvt Ltd, tel. +91 98802 31431 INCAP IN BRIEF Incap Corporation is an international contract manufacturer. Incap's customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China, and the company currently employs approximately 470 people. Incap's share is listed on the Nasdaq Helsinki Ltd. as from 1997. Additional information: www.incapcorp.com.


Patent
Incap Inc | Date: 2013-08-09

A closure cap for a container, said closure cap having a cap housing including a substantially cylindrical recess which has a top opening and a bottom opening, wherein the bottom opening is closed by means of a piercable membrane, a plunger comprising a cover and a substantially cylindrical lateral surface extending downward from an underside of the cover, wherein the lateral surface engages in the top opening of the recess and has an outside diameter corresponding substantially to the inside diameter of the recess, and a chamber defined by the cylindrical recess and the plunger which engages in the recess by way of its lateral surface, the plunger and the cap housing being movable relative to one another between a first, non-active position, and a second, activated position.


Patent
Incap Inc | Date: 2016-09-14

The present invention concerns a closure cap (10) for a container, said closure cap having a cap housing (12) which includes a substantially cylindrical recess (13) which has a top opening (14) and a bottom opening (15), wherein the bottom opening (15) is closed by means of a piercable membrane (16), a plunger (17) which comprises a cover (18) and a substantially cylindrical lateral surface (19) which extends downward from an underside of the cover (18), wherein the lateral surface (19) engages in the top opening (14) of the recess (13) of the cap housing (12) and has an outside diameter which corresponds substantially to the inside diameter of the recess (13), and a chamber (20) which is defined by the recess (13) of the cap housing (12) and the plunger (17) which engages in the recess (13) by way of its lateral surface (19), the plunger (17) and the cap housing (12) being arranged so as to be movable relative to one another between a first, non-active position, in which a bottom edge (22) of the lateral surface (19) is arranged above the membrane (16) of the cap housing (12) and in which the plunger (17) is blocked from being vertically pressed into the recess (13) of the cap housing (12), and a second, activated position, in which the bottom edge (22) of the lateral surface (19) pierces the membrane (16), wherein the plunger (17) is movable by means of an essentially rotational movement from the first, non-active position into an intermediate position where the plunger is allowed to be pressed into the recess (13) so as to reach the second, activated position.

Loading Incap Inc collaborators
Loading Incap Inc collaborators