Innscor Africa Limited: HY 20: Price adjustments sustain top line

  • Currency devaluation constrains consumer spending

  • Product line diversification and production efficiencies to sustain profitability

  • Maintain Buy, TP ofZWL15.76; we forecast revenue in FY 20 to improve by 381.1% to ZWL6.18bn

April 3rd, 2020
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