Incap Oyj · OMXHEX:ICP1V
Incap Oyj — Shareholder Meeting (May 2017)
14 slides from Incap Oyj's shareholder meeting presentation, May 2017
Slide 1: Review by the CEO / Presentation of annual accounts
AGILE FLEXIBLE EFFICIENT Toimitusjohtajan katsaus / Review by the CEO Tilinpäätöksen esittely / Presentation of annual accounts Ville Vuori, CEO
Slide 2: Review by the CEO
Review by the CEO • Performance in 2016 • Customers • India Opportunity • Organisation & Operation • Forecasting Challenge • Market Cap • Outlook 2016 • Annual Accounts • Summary and Q&A
Slide 3: Performance in 2016
Performance in 2016 REVENUE & EBIT, KEUR KEY FIGURES (IFRS) 2016 2015 2014 22,000 Revenui Revenue EUR million 38.6 30.6 18.5 me Operating profit (EBIT) EUR million 44 3.7 11a share of revenue % 11 12 6 £000 Operating profit before tax EUR million 3.8 3.2 03 ° ° Profit for the period EUR million 2.7
Slide 4: Customers
Customers • As a company policy and as per a request from the customers, we don’t disclose the names of the customers for now. • Most customers can be allocated under Industrial Electronics segments. Also customers from Consumer electronics and medical electronics. Automotive considered only without
Slide 5: Indian opportunity
Indian opportunity Inaguration of the factory extension, Jan 2017 • India is according to publicly available information currently the fastest growing economy in the world with over 7% annual growth. • Many western companies are currently in establishing operations in India and localizing supply cha
Slide 6: Organization & Operation
Organization & Operation Clear and Lean corporate structure and continuous capability development: • HQ in Finland with CFO (from 1st Jan 2017) and CEO • MD’s in both factories • Decentralized with cooperation in sourcing and sales • Sourcing unit in Hong Kong • Personnel 520 • Total production area
Slide 7: Market Cap
Market Cap Total market capitalisation at 31st Dec, EUR million
Slide 8: Outlook for 2016
Outlook for 2016 • Due to the continued uncertainty in world economy it is very difficult to predict the development of customer demand. Most of the company’s customers are indicating that their own demand will grow in 2017. • The electronics manufacturing volumes in Incap’s factory in Kuressaare ha
Slide 9: Annual Accounts
ANNUAL ACCOUNTS
Slide 10: Consolidated Income Statement & Comprehensive Income
Consolidated Income Statement & Comprehensive Income
Slide 11: Consolidated Balance Sheet & Cash Flow
Consolidated Balance Sheet & Cash Flow
Slide 12: Equity
[InCap Equity Share premium Unrestricted Translation Retained 1000 euroa Share capital account equity reserve differences earnings Total equity Equity at 1 January 2015 20,487 44 17,471 “888 -35,687 1,427 Total comprehensive income 2,012 2,012 Currency translation differences 215 215 Transactions wi
Slide 13: Financing
Financing STATUS OF THE COMPANY’S FINANCING ON 31 DECEMBER 2016 Loans from credit institutions Balance on 31 Dec 2016 Balance on 31 Dec 2015 Expiry date 1. Factoring limit (< EUR 2.2 million) 2,214 753 for the present 2. Account with credit facility (< EUR 1.5 million) 819 1,077 for the present 3. B
Slide 14: Summary
SUMMARY Focus, high service level and lean operations key to good profitability Market promise and positioning work well and the company is able to take further organic growth Well-positioned to capture the emerging opportunity in India Q&A