Prosus NV : 2021 results in line, M&A investment strategy to continue
>Final release after the trading update - Yesterday, Prosus published its FY 2021 results (year to end-March 2021) followed by a conference call. The group had already published a trading update with a range of results and, as such, the final figures came as no real surprise. The group should continue with investments and acquisitions with the goal of creating leading assets that will ultimately be sold or floated on the market. The education segment should be a sour...Prosus NV Formerly known as Myriad International Holdings NV. Prosus NV, formerly Myriad International Holdings NV, is a Netherland-based global consumer Internet group. The Company is organized into six business areas: Classifieds, Payments & Fintech, Food delivery, Etail, Ventures and Travel. It also holds investments in listed Social & Internet assets. The Classifieds business area manages mobile and digital marketplaces. The Payments & Fintech business area includes PayU, a Payment Service Platform. The Food delivery business area manages food delivery companies. The Travel business area operates a travel online platform. The Etail business area includes business to consumer e-commerce companies. The Venture business area looks for and invests in early stage companies.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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