Prosus Aims for $400 Million in E-commerce EBIT Amid Strong Growth
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Prosus NV is targeting $400 million in adjusted earnings before interest and tax (EBIT) from its e-commerce operations for the fiscal year ending in March, with expectations for further improvement in the future, according to Chief Executive Officer Fabricio Bloisi. In a letter reflecting on his first 100 days in the role, Bloisi stated, “In fiscal year 2024, the group improved its e-commerce adjusted EBIT by over $400 million, and our goal is to maintain that momentum this year, achieving $400 million in adjusted EBIT from our e-commerce operations.” He added that he does not anticipate a slowdown in this growth trajectory next year.