OUTLOOK FOR 2024

Incap estimates that the company’s revenue and operating profit (EBIT) in 2024 will be lower than in 2023.

The destocking exercise with the company’s largest customer will impact the revenue and profitability in the first half of 2024. However, Incap’s revenue is estimated to grow quarter to quarter starting first quarter of 2024, improving results over the year.

The estimates are given provided that unexpected events impacting Incap’s business environment do not occur, for example, in the availability of components.

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