Prosus NV - Netherlands-based consumer internet company and internet assets division of Naspers Ltd - Expects an increase in earnings per share for the six months ended September 30 of between 26 US cents and 35 cents from 154 cents a year prior, reflecting an increase of between 17% and 23%. Expects headline earnings per share to increase by between 47 cents and 53 cents per share, from 99 cents a year prior, reflecting an increase of between 48% and 54%. Results for the period are due on November 23.
Prosus said: "While forward visibility remains difficult, given the challenges some countries face in dealing with the longer-term effects of Covid-19, we continue to believe we will benefit from the acceleration of the trends that have propelled the growth of the consumer internet."
Current stock price: ZAR1,610.91
Year-to-date change: up 52%
By Greg Roxburgh; gregroxburgh@alliancenews.com
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