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Stock impact report

Naspers Limited: Trading statement

NASPERS LTD S/ADR (NPSNY) 
Company Research Source: Business Wire
CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (Naspers) (JSE: NPN): Shareholders are advised that the Naspers group (“the Group”) is finalising its financial statements for the year ended 31 March 2024.During the year our ecommerce businesses delivered peer leading growth and accelerated profitability. We are on track to fulfil our promises of consolidated ecommerce profitability and cash flow generation. These factors, combined with improved profitability from our investments, and the continuation of the share repurchase programme, supported meaningful growth in core headline earnings per share.Core headline earnings per share and headline earnings per share for the year are expected to increase driven by improved profitability of our ecommerce consolidated businesses and equity-accounted investments, in particular Tencent, and an increase in our net interest income.Earnings per share is expected to be negatively impacted, driven by a lower gain from a smaller sale of Show less Read more
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