Full Year 2021 Network International Holdings PLC Earnings Call Transcript
Ladies and gentlemen, welcome to the Network International results presentation. My name is Nairobi, and I will be the operator for your call this morning. (Operator Instructions) I will now hand you over to Nandan Mer, Group Chief Executive Officer. Please, sir.
Thank you, Nairobi. Good morning, everyone. It's a pleasure to be speaking to you all again, this time to present the full year results of 2021 at the end of my first full year in the role. And I must say, I'm loving it even more now. Six months ago, in September of 2021, we laid out our strategy to grow at a 20% plus revenue CAGR. And with this growth being predicated on a series of strategic initiatives, which eventually would result in us being the fastest-growing payments business in the Middle East and Africa, and we asserted that as we grow the top line, cost efficiencies will generate further margin leverage towards 45% to 50% over the medium to long term.
I'll recap on the key highlights. Let's start with the
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