Revenue

Incap's revenue growth has been driven by the integration of the Lacon acquisition, which has expanded the company's engineering capabilities, service offering, and customer portfolio. The acquisition has also broadened Incap's exposure to high-potential sectors, contributing to the company's revenue increase. However, the changing business mix, component availability challenges, and foreign exchange rates have affected Incap's revenue development, particularly in the second quarter. Despite these challenges, Incap's revenue is expected to continue growing in the second half of the year, supported by solid order intake and increased production volumes in the defence sector. The company's ability to adapt to changing market conditions and capitalize on emerging opportunities will be crucial in sustaining its revenue growth trajectory.

The realised revenue for Q2 2026 is 74.2 million Euros, and the predicted revenue for Q2 2027 (e) is also 74.2 million Euros. The revenue is expected to remain the same in one year, resulting in no change in millions, and a percentage change of 0%. The revenue is expected to increase by 63.9 million Euros from 2025 to 2026, which represents a 29.7% change. From 2026 to 2027, the revenue is predicted to increase by 2.6 million Euros, a 0.9% change. The annual revenue values are 214.6 million Euros in 2025, 278.5 million Euros in 2026, and 280.1 million Euros in 2027.

Ebit

Incap's EBIT profitability has demonstrated a stable trend, with a slight decline in the most recent period. This development can be attributed to the company's increasing focus on investments, which has led to a rise in operating expenses. However, the company's ability to maintain a high level of profitability despite these investments suggests a strong underlying business performance. Furthermore, Incap's operating profit margin has been supported by its efforts to optimize costs and improve operational efficiency. Nevertheless, the company's profitability is expected to remain under pressure in the near term due to ongoing investments and the associated expenses.

The realised Ebit for Q2 2026 is 5.8 million Euros, while the predicted Ebit for Q2 2027 (e) is 8.0 million Euros. The expected change in Ebit from Q2 2026 to Q2 2027 (e) is 2.2 million Euros, which represents a 37.9% increase. The expected change in Ebit from 2025 to 2026 is 3.7 million Euros, representing a 14.8% increase. From 2026 to 2027, the expected change is 4.2 million Euros, a 14.5% increase. The annual Ebit values are 25.3 million Euros in 2025, 29.0 million Euros in 2026, and 33.2 million Euros in 2027.

Profit befor tax

The realised profit before tax in Q2 2026 is 5.1 million Euros, while the predicted profit before tax in Q2 2027 (e) is 8.0 million Euros. The expected change in profit before tax from Q2 2026 to Q2 2027 (e) is 2.9 million Euros, which represents a 57.4% increase. The expected change in Profit before tax from 2025 to 2026 is 6.4 million Euros, representing a 28.6% increase. From 2026 to 2027, the expected change is 5.4 million Euros, a 19.1% increase. The annual values for Profit before tax are 22.3 million Euros in 2025, 28.7 million Euros in 2026, and 33.1 million Euros in 2027.

Profit

The realised profit for Q2 2026 is 2.9 million Euros, while the predicted profit for Q2 2027 (e) is 6.4 million Euros. The expected change in profit from Q2 2026 to Q2 2027 (e) is an increase of 3.5 million Euros, which represents a 121.4% growth. The change in profit from 2025 to 2026 is 7.5 million Euros, representing a 52.9% increase. The change in profit from 2026 to 2027 is 5 million Euros, representing a 23.3% increase. The annual profit values are 14.0 million Euros in 2025, 21.5 million Euros in 2026, and 26.5 million Euros in 2027.