Analiza spółki – East Value Research
Dear all, today, we published an update on the Polish provider of diagnostic genetics Inno-Gene S.A. Our new SOTP-based fair value for the company is PLN 9.60 per share. (1) In 9M/16, Inno-Gene (IGN) generated sales of PLN 3.6m (+5.9% y-o-y). Due to a significantly higher share of personnel costs and D&A expenses EBIT (PLN -0.9m vs. PLN -0.2m) and…