SNL supply network limited

Ann: Appendix 4E and Annual Accounts June 2021, page-3

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    SNL 2024 target.JPG
    Paraphrased:

    "So, having reached the targets of our last 3-Year Plan in just 2 years, our next 3-year plan provides for Revenue going from  FY21's $162.5m to $200m by FY24.   That works out a CAGR of 7.2%pa.
    Oh, and in the first year of that 3-year period, we expect to be at more than 10% growth, so say 12%.  
    Which implies less than 5%pa growth for year 2 and year 3 .
    "


    My thinking:

    Yeah, nargh... they gonna' hit their 3-year targets in year 2 again.


    .
 
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