Prosus Projects Higher FY26 Revenues, Forecasts EPS Growth

Prosus, the global consumer internet group, anticipates higher revenues for fiscal year 2026 and projects growth in both headline and core headline earnings per share (EPS). The company expects its consolidated revenue to increase by 10% to 15% on an organic basis for FY26. This outlook follows an expected improvement in its e-commerce portfolio's profitability, with the segment projected to break even in the second half of fiscal year 2025. Prosus's investments span various sectors including food delivery, payments, and classifieds, holding a significant stake in Chinese tech giant Tencent. The company's strategy focuses on optimizing its portfolio for profitability and sustainable growth, aiming to generate positive free cash flow. Management highlighted confidence in its operational segments contributing to the anticipated financial improvements.