Prosus stock: Profit doubles as e-commerce strategy gains pace
Published on 11/14/2026 at 12:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProsus combines profit growth with payout choices
- Adjusted first-half core profit rose 99 percent to 423 million US dollars, while revenue increased 22 percent to 3.6 billion US dollars.
- Management confirmed its full-year guidance and reported 1.2 billion US dollars in divestiture proceeds during the first half.
- Prosus shareholders can elect a dividend instead of the default capital repayment by Wednesday, November 25.
Prosus reported a sharp increase in adjusted first-half core profit on Monday, November 9, as growth at its digital services and e-commerce businesses supported the group's operating shift. The Economic Times, citing Reuters, reported the result and said management confirmed its full-year guidance.
Adjusted earnings before interest, taxes, depreciation and amortisation rose 99 percent to 423 million US dollars from 213 million US dollars a year earlier. Revenue increased 22 percent to 3.6 billion US dollars, with food-delivery platform iFood and classifieds group OLX identified as key contributors. The figures were reported by The Economic Times.
Capital allocation remains central
Prosus generated 1.2 billion US dollars from divestitures in the first half and expects proceeds to reach 2 billion US dollars for the full fiscal year. The company also said it held 18.3 billion US dollars in cash and had a further 2.5 billion US dollars available under an unused credit line.
Management said it remains focused on selling non-strategic businesses and allocating capital to its broader ecosystem strategy. The group invested more than 100 million US dollars in the first half to develop agentic artificial-intelligence models for its platforms.
Distribution timetable advances
On Monday, November 9, Prosus shares on Euronext Amsterdam reached their ex-dividend and capital-repayment date. Under the timetable in the company's distribution announcement, ordinary N shareholders are entitled by default to a gross capital repayment of 28 euro cents per share and can elect a dividend instead by Wednesday, November 25. The payment date is Thursday, December 3.
European equities provide the broader market backdrop in the current market reports.
More updates are available in More news and analyses on Prosus stock.
Prosus company facts
- Company: Prosus N.V.
- ISIN: NL0013654783
- Primary exchange: Euronext Amsterdam
- Adjusted first-half core profit: 423 million US dollars
- First-half revenue: 3.6 billion US dollars
- Distribution: 28 euro cents per ordinary N share, with a dividend election deadline of November 25, 2026
