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Feb 28 2024, 07:20 GMT
Malin Corporation
FY2023 results and latest NAV reflect considerable upside
- Sectors : Pharma and healthcare
- Companies : Malin Corporation
DAVY VIEW
Malin has published its FY2023 results and annual report, reflecting an end-2023 net asset value (NAV)/share of €6.56. In 2023, the company returned €140.7m of capital to shareholders via a tender offer and on-market share buybacks. The latest NAV/share has increased to €7.91. The stock trades at a 30% discount to NAV.
