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Incap operates around the world. Our headquarters is in Helsinki, Finland.
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This is Incap

  • Provider of Electronics Manufacturing Services (EMS)
  • Almost 50 years of experience
  • Operations in Finland, Estonia, India, Slovakia, the United Kingdom, USA, Germany, Romania, and Hong Kong
  • Headquarters in Helsinki, Finland
  • 2025 revenue EUR 214.6 million
  • Personnel over 3,000
  • Listed on Nasdaq Nordic since 1997
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incap annual report

FINANCIAL STATEMENTS RELEASE JANUARY-DECEMBER 2025

Revenue amounted to EUR 214.6 million (1–12/2024: EUR 230.1 million). Year-on-year decrease was 6.7%. At comparable year-on-year exchange rates, the revenue was EUR 221.2 million and the decrease was 3.9%. Operating profit (EBIT) was EUR 25.3 million (EUR 29.2 million) or 11.8% of revenue (12.7%). Year-on-year decrease was 13.3%.

Financial statements release January–December 2025

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CEO’S MESSAGE

2025 was a year where Incap’s business progressed largely in line with expectations, and I am pleased to say that we delivered on the estimates updated halfway through the year. The market environment continued to be shaped by uncertainty and geopolitical challenges, but we have become accustomed to operating in this “new normal”.

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STRATEGY

The future growth of Incap builds on the entrepreneurial, agile and customer-driven culture of our employees, our flexible operational model as well our deeply engrained cost management mindset. We want to drive consolidation in the industry to benefit …

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INCAP INVESTMENT HIGHLIGHTS

  • Growing industry
  • Strong financial track record
  • Flexible and scalable operational model
  • Presence in Europe, USA and Asia
  • Broad customer offering
  • Strong entrepreneurial and customer-driven culture
  • Committed to corporate and social responsibility
  • Skilled and empowered personnel
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Ticker

INCAP HAS ACQUIRED LACON GROUP

On 4 December 2025, Incap Corporation announced that it had signed an agreement to acquire 100% ownership of Lacon Group, a well-established EMS company with facilities in Germany and Romania.

The acquisition was completed on 19 February 2026 after the approval of applicable regulatory clearances in Germany and Romania. Lacon Group is now a fully owned subsidiary of Incap Corporation, and its financial figures will be consolidated into Incap Group’s reporting as of 20 February 2026.

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