Incap Corporation: Incap Group s Financial Statements Release for January–December 2020 (unaudited): Continued revenue growth and good profitability benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Incap Corporation: Incap increases its operating profit estimate for 2020 Inside information
Incap increases its operating profit estimate for 2020
Incap Corporation estimates that its revenue for 2020 will be approximately EUR 106.5 million and the operating profit (EBIT) approximately EUR 12.6 million.
Previously the company estimated that its revenue for 2020 will be approximately EUR 105-107 million and the operating profit (EBIT) approximately EUR 10.5-11.5 million.
Incap s Financial Statements Release for 2020 will be published on 24 February 2021.
INCAP CORPORATION Otto Pukk, President and CEO, tel. +372 508 0798
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Incap Corporation is a trusted partner and full-service provider in Electronics Manufacturing Services. As a global EMS company Incap supports customers ranging from large multinationals and mid-sized companies to small start-ups in their complete manufacturing value chain. Incap offers state-of-the-art technology backed up by
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BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)–O2 Investment Partners (www.o2investment.com) and Flip Electronics, LLC (www.flipelectronics.com) announced today that it successfully recruited Gerry Fay, an electronic component distribution industry expert and current CEO of Protempo Group, to join the Flip board of directors and to assist the Company in achieving its aggressive growth plans.
Gerry is the current CEO of Protempo Group, a full-service provider of global distribution services for consumer electronics manufacturers. Prior to joining Protempo, Gerry was Chief Business Officer of Sanmina, a leading integrated manufacturing solutions provider serving the fast-growing segments of the global Electronics Manufacturing Services (“EMS”) market. Prior to that, Gerry spent 12 years at Avnet in a number of high-level roles, including President of Avnet Global Components Business, Chief Global Logistics and Operations Officer, and SVP
Parliamentary Standing Committee on Commerce for FTA renegotiation with Japan, Korea, Asean
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“India’s concession to the ASEAN has been far in excess than concessions granted to India,” it said and suggested periodic compliance assessment to be carried out for Rules of Origin to arrest market access at concessional tariffs for non-FTA countries besides mandatory domestic content labelling requirement across the value chain.
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For the electronics sector, it asked the government to provide protection to the domestic industry till the time it is competent enough to compete with global manufacturers.
NEW DELHI: The Parliamentary Standing Committee on Commerce on Wednesday suggested renegotiation India’s Free Trade Agreements with ASEAN, Japan and South Korea to ensure reciprocity in steel sector. Until this is carried out, concessional tariffs with these countries should be suspended, it said.
Sanmina Reports First Quarter Fiscal 2021 Financial Results
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SAN JOSE, Calif., Feb. 2, 2021 /PRNewswire/ Sanmina Corporation ( Sanmina or the Company ) (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fiscal first quarter ended January 2, 2021 and outlook for the fiscal second quarter ending April 3, 2021.
First Quarter Fiscal 2021 Financial Highlights
• Revenue: $1.76 billion, exceeded midpoint of outlook
• GAAP operating margin: 4.3 percent
• GAAP diluted EPS: $0.72
• Non-GAAP diluted EPS: $1.02, exceeded outlook
Additional Highlights
• Cash flow from operations: $62 million
• Free cash flow: $51 million
• Shares repurchased: approximately 384,000 for $9.4 million
• Ending cash and cash equivalents: $516 million