Electronic Components Distribution / Printed Circuit Board Manufacturing and Supply
Strategic Profile
Icape Group has 28 subsidiaries in more than 60 countries and a major presence in China, where most of the world's PCB production is done. The company aims to consolidate its position as one of the world's leading players in the distribution of printed circuit boards with a dedicated M&A team and identified targets.
Cyborg Score Rationale
The company achieved annual revenue growth of 11.5% to €202.7M in 2025 with organic growth of 5.1% excluding currency effects, and H1 2025 revenue grew 13.1% to €102M. The stock has recovered significantly from April 2025 lows. Market cap of ~€62M reflects smaller-cap positioning with execution risks but solid operational momentum.
Top Insights
2025 annual revenue reached €202.7M with 11.5% growth and organic growth of 5.1%
Revenue split: 75.8% from printed circuit boards, 24.2% from electromechanical parts
Manufacturing presence in China with over 25 professional PCB factories and over 50 factories for custom parts
Stock price at €7.88 EUR, up 2.60% in last 24 hours as of recent trading
Named Competitors
Electronics Distribution — Technology distributor with broad product portfolio
Specialized PCB Distribution — PCB manufacturing and technology services
Electronics Components Distribution — Global IT distributor with electronics components
Recent Developments
(February 2026) Stock trading active with market cap approaching €62M
(Q3 2025) Revenue grew 14.8% to €50.8M with 6.8% organic growth