Symbio Holdings Limited Stock Market Press Releases and Company Profile
CEO Outlines Strategy for Growth
CEO Outlines Strategy for Growth

Sydney, Nov 25, 2015 AEST (ABN Newswire) - Global telecommunications software and network provider MNF Group Limited (googlechartASX:MNF) CEO Rene Sugo delivered an AGM presentation to shareholders on Tuesday, 27th October 2015, recapping the highlights of a very successful financial year and the proposed strategies for continued growth. This CEO presentation is now available on video.

Building for Growth

MNF Group is on the verge of a global & domestic organic growth phase. There are more opportunities for new business than MNF can service today. In the AGM presentation video, MNF Group CEO outlines how in the new financial year, the focus will be on prioritising in order to deliver highest growth opportunities & capitalise on customer demand.

MNF Group's long-term strategic growth is anchored on two fronts. Firstly, taking the Group's value-added wholesale services global by leveraging the TNZI network assets. Secondly, continuing organic growth domestically by leveraging the existing Small to Medium Business and Wholesale Managed Service product offerings in the domestic market. Further insights into these opportunities are provided in the AGM video.

With the recently announced upgrades to the MNF Group's global TNZI voice network, one key area of focus will be on ramping up the domestic & global wholesale customer base. This segment's strong FY15 performance and further growth potential are discussed in the AGM video, including the compounded growth achieved when service provider customers also grow their own service volumes.

Change of Name

In the AGM presentation video, MNF Group CEO provides insight into rationale behind the company name change and how this will support the continuing growth strategy of the Group.

Highlights of Financial Year 2015

The AGM presentation covers MNF Group' four consecutive years of profitable double digit EBITDA and NPAT growth, the Group's FY15 results delivering an EBITDA of $12.2m, 9% over original FY15 forecast. This is set to grow further in FY16, with a forecast of 42% EBITDA growth to $17.3m for FY16.

With a discerning and conservative approach, the Board of MNF Group will continue to actively search for and examine further acquisition opportunities, whilst remaining totally committed to driving growth and performance within the business.

MNF Group remains confident that the company will achieve solid growth in the coming year and well into the future.

To view the AGM video, please visit:
http://www.abnnewswire.net/press/en/81634/MNF


About Symbio Holdings Limited

MNF GroupSymbio Holdings Limited  (ASX:SYM) is a software company changing the way the world communicates.

Symbio's technology replaces old-fashioned telecom networks with software, making it faster and easier to deliver modern cloud-based communication services, unlocking endless new applications for calling, messaging and phone numbers.

Symbio is the backbone for the global cloud communication industry. Over 500 service providers - from telecom start-ups to the world's biggest software companies - rely on Symbio for the connectivity, quality and expertise they need to solve complex communication challenges.

Headquartered in Sydney, Symbio powers billions of calls and messages each year, owns networks in three countries and employs over 450 staff worldwide.

For more information about Symbio visit www.symbio.global

https://www.linkedin.com/company/symbio-global/ abnnewswire.com 


Contact

Miki Kando
Executive Assistant to CEO / CTO
T: +61 2 8008 8231
E: miki.kando@mnfgroup.limited


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