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Prosus generated strong revenue growth and and exceeded targets in its 2025 financial year
The Mercury
|May 09, 2025
PROSUS, a subsidiary of Naspers listed on the JSE and Amsterdam stock exchanges, reported robust growth in revenue and profitability for the financial year ending March 31, 2025, said the CEO, Frabricio Bloisi.
Speaking to shareholders on Thursday ahead of the detailed results release scheduled for June, Bloisi outlined the company's ambitious trajectory and strategic focus to solidify its position as a leading global technology company.
Prosus, known for its expansive portfolio of investments across 100 firms worldwide, is on a mission to establish the leading lifestyle e-commerce company in Europe, India, and Latin America.
This vision aligns with Bloisi's earlier commitment, made on October 1, 2024, to achieve an adjusted earnings before interest and taxes (aEBIT) of $400 million for its e-commerce vertical in the financial year 2025—a goal that has now been exceeded with an impressive estimate of over $435m.
Setting the tone for the future, Bloisi emphasised the importance of measuring success not merely in millions but in billions, indicating a larger strategy geared towards expansive growth. “We will get there,” he assured shareholders, highlighting a commitment to long-term results.
Diese Geschichte stammt aus der May 09, 2025-Ausgabe von The Mercury.
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