I'm LongbridgeAI, I can summarize articles.Naspers released its FY2026 full-year results transcript, highlighting nearly USD 10 billion in revenue and a free cash flow improvement to USD 1.5 billion. Latin America ecosystem revenue grew over 40%, now exceeding half of total revenue. While the CEO reaffirmed future profit potential, he noted higher investments for iFood and Just Eat in FY27, with group EBITDA expected to remain flat. The company described Brazil's market competition as subsidy-led.
- Naspers published the transcript of its FY2026 full-year results webcast on June 29, 2026, attended by the Prosus CEO, the iFood CEO, the Just Eat Takeaway CEO, the CFO, and the moderator. * Management highlighted nearly USD 10 billion revenue, USD 1.3 billion EBITDA, and free cash flow improvement to USD 1.5 billion from negative levels two years ago. * Latin America ecosystem revenue outside food delivery reached USD 1.5 billion, up more than 40%, now over 50% of revenue; ads up more than 100%. * CEO reaffirmed “billions” in future profits, but flagged higher FY27 investment in iFood and Just Eat; group EBITDA expected to be broadly flat. * Brazil competition described as subsidy-led, losing about USD 8 per order, roughly USD 150 million per month; iFood focused on product-driven response. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Naspers Limited published the original content used to generate this news brief on June 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here