HELSINKI – Incap today issued a profit warning, revising its forecast downward due to currency headwinds and geopolitical uncertainty. The company now expects revenue to fall between $228 million – $250 million and operating profit to range from $25 million – $31 million.
The revised outlook reflects challenges stemming from the weakened US dollar and Indian rupee, as well as delays in customer projects linked to potential US tariffs and policy shifts. Incap had previously projected both revenue and operating profit to exceed last year's levels, when the company posted $250 million in revenue and $31.7 million in operating profit.
The forecast assumes no major disruptions to component availability or other unforeseen factors affecting operations.