Equity Analysis /
MENA

Network International Holdings PLC: Strong growth opportunities but management must deliver soon

  • Network International is the industry leader in the MEA region for merchant acquiring and card processing services

  • It has scope to move into new geographies and to benefit from increased payments servicing outsourcing by banks

  • Versus peers it has delivered weaker top line and margin trends but the shares are pricing in a rebound

Network International Holdings PLC: Strong growth opportunities but management must deliver soon
Rohit Kumar
Rohit Kumar

Global Financials/Thematics

Rahul Shah
Rahul Shah

Head of Financials Equity Research

Tellimer Research
7 October 2021
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