contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    pageUrl
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
  ... on Webcast {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
      researchContent {
        title
        lang
        pdfUrl
        relatedContent {
          __typename
          ...PublishingDetails
          ...Reactions
          id
        }
        content {
          title
          lang
          slug
          htmlBody
          publishedAt
          createdAt
          changedAt
          isOutdated
          isPremium
        }
      }
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


incap-a-weak-start-of-the-year-but-full-year-guidance-is-unchanged-nordea

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Incap operates in the industrial sector. The company supplies equipment and services for industrial players, where the range includes PCB assembly, system integration, box building integration, design validation, and inspection methods. The largest operations are found in the Nordic, Baltic and Asian regions. The company was originally established in 1985 and is headquartered in Helsinki.

Here are Antti’s comments regarding how the Pennsylvania factory has been closed since Monday due to a storm.                   Inderes – 10 Jun 26              Myrskystä johtuneella USA:n tehtaan väliaikaisella sululla ei ole merkittäviä...    Incapin arvion mukaan tilapäisellä sulkemisella ei ole tällä hetkellä merkittävää taloudellista vaikutusta yhtiöön.

Here are Viljakainen’s comments from the site visit to Incap’s facility in Karlsfeld, Germany.   Yesterday, we visited Incap’s factory in Karlsfeld, Germany. The Karlsfeld facility became part of Incap through the Lacon acquisition completed in February. The company announced yesterday that the order development for the former Lacon units has been surprisingly strong.                    Inderes – 9 Jun 26              Vierailimme Incapin tehtaalla Saksan Karlsfeldissä - Inderes    Karlsfeldin tehdas tuli osaksi Incapiä helmikuussa toteutuneessa Lacon-yritysostossa.

https://incapcorp.com/fi/mfn_news/incap-slovakia-liittyi-slovakian-turvallisuus-ja-puolustusteollisuusjarjestoon/

Ralf Hasler, Director of Germany and Romania operations, has put his money where his mouth is to the tune of nearly 50,000 euros.  Transaction details  (1): Volume: 5000 Unit price: 9.45 EUR                    Inderes              Incap Oyj: Johdon liiketoimet – Ralf Hasler - Inderes    Incap Oyj | Pörssitiedote | 26.05.2026 klo 18:15:00 EESTIncap Oyj - Johdon liiketoimetIlmoitusvelvollinen Nimi: Ralf Hasler Asema: Muu ylin johto Liikkeeseenlaskija: Incap Oyj LEI: 7437004GENTTQHMNQ40...

Inderes              Incap Intia investoi testaukseen ja uuteen SMT-linjaan tuotannon...    Incap Oyj | Lehdistötiedote | 12.05.2026 klo 09:00:00 EESTIncap Intia on ottanut käyttöön uuden flying probe -testausjärjestelmän sekä päivitetyn SMT-tuotantolinjan (Surface-Mount Technology...

No more flame emojis! So much better! Thank you Incap

Hello Everyone here at Incap forum! And thank you for your excellent questions during the Q1 Webcast! Please find below summary of the Q&A: Q: How much of the delayed Q1 revenue will be delivered in Q2, and how confident are you that the component availability is improving? A: We haven’t reported the exact numbers on the revenue side, but what was postponed on Q1, will be delivered during the second quarter.  In general, there is a high demand of certain components in the industry, driven primarily by the development of AI and data centres. They are in priority as they are purchasing in large volumes and the rest of us are left a bit behind. But we don’t think that there is a systematic problem with the components because the component suppliers are working currently with increasing their capacity. This does not seem like a new component crisis, it’s more of a smaller disturbance .   Q: Was the component availability problem in Europe or in India ? A: Availability problem wasn’t in any specific site but in certain types of components and specific product ranges that use similar components, and that affected the business in general.  **Q: Have you seen order cancellations due to weak economic environment or due to any other reasons?**  A: We haven’t seen any order cancellations. Instead, we have a very strong order book, and we have received several orders, for example from the defence sector. The potential growth in that sector was of high interest when we did the Lacon acquisition. We haven’t lost any major customers, so it is more about the normal slowness of the market mainly in January and February, and now it is picking up. Incap is operating widely in different market segments now, and as we disclosed in the Q1 report, the proportion of our largest customer is more manageable nowadays. We used to have dependency on our largest customer but with the Lacon acquisition, Incap is currently a much more balanced company. Our risk profile regarding customer dependency is now significantly lower.  **Q: How much did the order book grow, and what is the size, margin profile, and product mix of the new orders?**  A: We didn’t comment on the order book numbers in the report, but even though we had a slower start for the year, we maintain our guidance and look fairly positively on the year. When it comes to the order book in general, the defence sector is driving the main growth, and other sectors are more stable. Also, when it comes to the AI and data centres, even if the larger operators are taking care of the core and servers, there is plenty of electronics used for instance in cooling and energy backup systems and they provide opportunities for the smaller players like us who are not tier one EMS providers. Currently, that is also driving the growth, together with the defence and security  sector.  Q: Is the inventory increase purely due to Lacon and the delays? A: The majority of the increase is Lacon becoming part of the Group, but we are also driving higher inventory or work-in-progress due to the material availability as we have had delays in orders.  **Q: Is the Lacon integration progressing operationally and commercially well, and what are the biggest risks to achieving the expected benefits in 2026?**  A: The integration is going well both commercially and operationally. Due to our decentralised model, also the new units within Incap have operational freedom. Still, Incap is focusing on getting them into our network where the units cooperate with each other and exchange knowledge. Including Incap Germany and Romania into those streams is  the key thing. We have also seen interesting development with cross-selling opportunities, customer bases, and geographical opportunities that we are exploring. We also see new requests and possibilities from new customers that see us in other light. With every step of getting bigger, Incap gets new interest from potential customers. The effects we will see in a couple of years’ time and we are also working on opportunities for the  near future.  **Q: How has the war in Iran affected Incap and have you noticed customers increasing their inventory levels as a result?**  A: In general, we don’t see yet any larger supply chain disturbances due to the war. In the long run, high oil price will of course affect everybody equally in the industry when it comes to ie. transportation costs, but we haven’t seen yet any major increases. Some of our defence customers and some other sectors have been increasing their inventory levels. A lot of military materials were used during the initial stages of the war, and the stocks need to be replenished. In other customer segments, we haven’t seen any panic buys or hoarding of materials. We haven’t yet fully seen how this impacts transportation and logistics. The costs have increased and that will be reflected in the prices and ultimately will be paid by  the end-customer.  **Q: How is the business in India developing? Are there new accounts there?**  A: We have had a very positive development in India. Our largest customer’s business is stable on their “new normal” level, and we see increase in other customer accounts. We are working there with some really interesting and exciting customers, and the cooperation goes well. Of course, the cycles are long, but we see how our work from developing and prototyping is already moving into normal production, and it will ramp-up over time to larger volumes. Also, now when the new units in Germany and Romania have joined us, there are several opportunities in India as well that we are pursuing with the new acquired customer base.  **Q: Which kind of components or component types have had availability issues?******  A: Foremost the chips and some of the smarter, more expensive and advanced components have had problems. The more basic components are always available. This is also limited to some manufacturers as it depends on the designs of the products and  what they contain.  **Q: If you're now focusing on the integration of Lacon, when can we expect**  **another acquisition?****** A: We have done a major acquisition and currently, our focus is on the integration work. I don’t think this is our last acquisition, and once we feel comfortable that we have taken good care of the money that we have spent, we will, sooner or later, open up that pipeline. However, I won’t give any timeline whether that will be late this year or in the beginning of next year, or even earlier or later. The integration goes very well, so perhaps sooner than later.  **Q: How has the Q2 started, and how would you comment on that? After the little bit soft Q1, what gives you the confidence that you can still achieve the 2026 guidance?** A: The end of Q1 in March was already picking up, and Q2 has continued on the same line, which gives us confidence. The strong order book that we discussed before, backs that up. Generally, we don’t see any other trends that would impact this negatively. Everything is going according to plan and I’m excited about the outlook for the year; it looks stable and good, and with the current information, I believe we  will reach our guidance.

Incap

Profitability (adj. EBITA margin) was weaker than we expected in Q1. Organic growth was flat in Q1, one reason being component availability problems. But no major problems in logistics or in...

Profitability (adj. EBITA margin) was weaker than we expected in Q1. Organic growth was flat in Q1, one reason being component availability problems. But no major problems in logistics or in transportation. Some orders were postponed from Q1 to Q2 but Incap is still confident regarding end demand and order intake. The company has not seen order cancellations but Germany could have remained a challenging market. Full year guidance is repeated but EBITA needs to be EUR 8.8m as average in Q2-Q4 2026 to reach a 20% increase in annual EBITA. January-February were weak but the company has seen an improvement in March-April why its full year guidance still looks realistic.

Incap: A weak start of the year, but full year guidance is unchanged - Nordea

Incap: A weak start of the year, but full year guidance is unchanged - Nordea