9.2 Adjusted operating profit (EBIT) is an alternative performance measure. Adjusted EBIT excludes non-recurring items and purchase price allocation amortisation. Adjusted EBIT provides comparable information between different financial years on operating profit adjusted for acquisition-related expenses.
Outlook for 2021
Incap estimates that its revenue, operating profit (EBIT) and adjusted operating profit (EBIT) for 2021 will be clearly higher than in 2020. The increase in revenue and operating profit estimate is driven by the strong development at the Indian factories and the ramp-up of the factory expansion, that has proceeded faster than expected. Furthermore, the visibility related to the customers forecasts and the company s own assessments of the business development has improved.
UPM complements its Audit Committee composition
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Return of Kamux Corporation s own shares in accordance with terms and conditions of the share-based incentive scheme 2020
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HELSINKI, April 20, 2021 /PRNewswire/ Kamux Corporation Stock Exchange Release April 20, 2021 at 10.40 a.m.
Resolutions of the Annual General Meeting of Kamux Corporation and the Decisions of the Constitutive Meeting of the Board of Directors
Kamux Corporation s Annual General Meeting was held on Tuesday 20 April 2021. The Meeting approved the Annual Accounts for the financial year 2020 and discharged the members of the Board of Directors and CEO from liability. Further, The Annual General Meeting approved the 2020 Remuneration Report of the Governing Bodies with an advisory resolution.
Payment of dividend
The Board of Directors proposal for a dividend of EUR 0.24 per share was approved. The dividend will be paid in two instalments. The record date for the first dividend instalment is April 23, 2021 and the dividend will be paid on April 30, 2021. The record date for the second dividend instalment is October 22, 2021 and the dividend will be paid on October 29, 2021.