Incap Oyj · OMXHEX:ICP1V
Incap Oyj — FY2025 Earnings Presentation
15 slides from Incap Oyj's earnings presentation, Feb 26, 2026
Slide 1: Incap's results for 2025
Incap's results for 2025. 26 FEBRUARY 2025 I N C A P C O R P. C O M
Slide 2: Introduction
Introduction. Otto Pukk President and CEO
Slide 3: January - December 2025: Highlights
January - December 2025: Highlights. 214.6 ● Incap’s business progressed largely in line with expectations. We MEUR REVENUE delivered on the estimates updated halfway through the year. ● The market environment continued to be shaped by uncertainty 214.6 25.3 and geopolitical challenges, but we have
Slide 4: USD and INR volatility in the last 24 months
1.00 1.06 1.14 1.20 1.02 1.04 1.08 1.10 1.12 1.16 1.18 Jan-24 Feb-24 EUR/USD Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-24 Feb-24 Mar-24 EUR/INR Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-2
Slide 5: With Lacon, we form a stronger, and more competitive group
With Lacon, we form a stronger, and more competitive group.
Slide 6: Latest technologies and investments at our factories
Latest technologies and investments at our factories.
Slide 7: Sustainability at Incap
Sustainability at Incap.
Slide 8: Quality and efficiency based on teamwork
Quality and efficiency based on teamwork.
Slide 9: October – December 2025
October – December 2025. Antti Pynnönen CFO
Slide 10: Q4 2025: Results
Q4 2025: 55.3 Results. MEUR REVENUE ● Our revenue reached EUR 55.3 million, which 6.9 MEUR EBIT is below last year’s level (EUR 59.3 million). ● Operating profit (EBIT) amounted to EUR 6.9 million or 12.5% of revenue. 12.5% ● Adjusted EBIT EUR 8.0 million (14.4%). EBIT
Slide 11: Revenue, EBIT and EBIT margin per quarter 2020 Q2 – 2025 Q4
EUR million 0 10 20 30 40 50 60 70 80 90 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 EUR million 0 2 4 6 8 10 12 14 16 18 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 EBIT 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 EBIT % 3Q24 per q
Slide 12: Incap Group key figures
Incap Group key figures. EUR million 10-12/2025 10-12/2024 Change 7-9/2025 Change 1-12/2025 1-12/2024 Change Revenue 55.3 59.3 -6.7 % 51.8 6.8 % 214.6 230.1 -6.7 % Non-recurring items 0.9 0.2 -1.1 0.2 0.4 Operating profit (EBIT) 6.9 8.6 -19.4 % 6.7 2.7 % 25.3 29.2 -13.3 % EBIT, % of revenue 12.5 % 1
Slide 13: Outlook
Outlook. ● Incap estimates that the company’s revenue and comparable EBITA in 2026 will be clearly higher than in 2025. ● The estimates include the impact of Lacon’s acquisition and are given provided that unexpected events impacting Incap’s business environment do not occur.
Slide 14: Q&A
Q&A
Slide 15: Thank you!
Thank you! Incap Corporation MORE INFORMATION incapcorp.com