Incap's H1 was strong and a similar beat seems to have continued in H2. The company's operational performance is astonishing and a strong balance sheet provides plenty of leeway for acquisitions that fit into the strategy. Share valuation has risen but we feel the excellent earnings growth outlook speaks for owning the company that has proven its quality. 

Incap published its Q2 report yesterday. A strong Q1 was followed by a better than expected Q2 and there was really nothing to fault in the report. Incap’s operational performance is convincing, and the balance sheet offers plenty of leeway also for M&A transactions in line with the company strategy. Relative to the good earnings growth outlook, the share is not too expensive. 

Incap Corporation                        21 June 2021 at 12:30 p.m. (EEST)
Stock Exchange Release
Insider information

INCAP’S FACTORIES IN INDIA CONTINUE OPERATIONS WITH REDUCED CAPACITY. INCAP’S PREVIOUSLY ANNOUNCED OUTLOOK FOR 2021 REMAINS UNCHANGED.

Incap Corporation                        14 June 2021 at 11:45 a.m. (EEST)
Stock Exchange Release
Insider information

INCAP CONTINUES TO RAMP UP ITS FACTORIES IN INDIA, LOCK-DOWN EXTENDED UNTIL 21 JUNE 2021. INCAP’S PREVIOUSLY ANNOUNCED OUTLOOK FOR 2021 REMAINS UNCHANGED.