Incap Q2 questions and answers
Here are the questions asked in Inderes analytics platform from Otto Pukk, the President and CEO of Incap Group regarding the Q2 results, and answer for these questions.
1. How much risk does Incap see in prolongation of covid and what capacity is the Indian plant currently operating at?
Incap sees a possible prolongation in the corona situation as a short-term risk. The situation is constantly monitored together with the local authorities and Incap has demonstrated the effectiveness of its ability to quickly adapt in the changing corona situation. In the big picture, Incap has done well in challenging conditions and the Indian factories are operating at normal capacity.
2. Is the outlook for organic growth still strong without a need for geographical expansion or acquisitions?
Incap’s outlook for organic growth is strong. Incap is prepared when promising M&A opportunities arise. Incap is actively evaluating M&A opportunities with a strong cultural fit and potential for geographical expansion.
3. Although the lock-down in India has had no impact on the guidance, how much revenue and earnings have been lost during the spring due to the Indian lock-down?
India’s lock-down and covid restrictions have inevitably had an impact on Incap’s business. Nevertheless, the closure and partial operation of the Indian factories has not had impact on the company’s announced outlook for 2021.