SNL 3.12% $26.81 supply network limited

A financial result of pristine quality. 8% pa top-line growth on...

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    A financial result of pristine quality.

    8% pa top-line growth on the cards for the next two years (which, based on precedent of strict conservativeness when it comes to the making of these sorts of forecasts, will probably end up being more like 10%pa)

    And, given the operating leverage inherent in the business, that means EPS growth of at least 15%pa over the next two years.

    They've doubled profits in the past 5-odd years, and judging by the plans that are being laid out, it looks like earnings could double again in a period not much longer than the coming 5 or so years.

    Who would have thought that the economic activity of selling truck spares could yield a business such as this, which is simply a compounding machine?

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