Prosus Targets $3.6 Billion From Just Eat Sales in Euro Push

Prosus NV is targeting $3.6 billion in revenue from Just Eat Takeaway.com in a year as it looks to boost efficiency in its European food-delivery business at a time of rapid consolidation in the sector.

The Dutch technology investor also expects Just Eat to generate $100 million in adjusted earnings before interest, taxes, depreciation, and amortization by the end of its 2027 financial year, which falls in March, Chief Executive Officer Fabricio Bloisi said in a shareholder letter released Tuesday.