Exceeded Revenue Targets
Prosus delivered $443 million, surpassing the promised $400 million. This marks a strong start under the new CEO.
Significant Dividend Increase
Prosus doubled its dividends, indicating strong financial health and commitment to returning value to shareholders.
Strong Growth in Key Segments
The iFood business achieved a 28% adjusted EBIT margin with 50% revenue growth, and OLX grew its top line by 18% with profits up by 61%.
Positive Cash Flow and Investment Strategy
Prosus has $11 billion in cash available for M&A and strategic investments, maintaining an investment-grade policy.
Cultural Transformation and Innovation
Significant cultural change within Prosus, focusing on speed, entrepreneurship, and communication, driving innovation and operational improvements.