Integrated annual report 2018

In pursuit
of growth...

Who we are

Founded in 1915, we are a global internet and entertainment group and one of the largest and most successful technology investors in the world.

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How we have performed

Group

Building on the successes of previous years...

and continuing to execute our disciplined growth strategy, we performed strongly across our portfolio of internet, video-entertainment and media businesses.

Business unit performance

Group Revenues grew

39%(1)

up $US20.1bn(2)

Trading profit grew

52%(1)

up $US3.4bn(2)

Employees

24,887

Notes

  • (1) Growth in local currency, excluding M&A.
  • (2) Presented on an economic-interest basis.
Internet

From platforms that make communicating, entertainment, shopping...

and paying for things easy, safe and enjoyable to specialised ecommerce services such as great local online food delivery - we focus on high-growth internet businesses that make a lasting positive difference to people around the world.

Internet performance

Revenue

US$15.9bn

up 51%(1)

Trading profit

US$3.1bn

up 56%(1)

Employees

13,739

Note

  • (1) Presented on an economic-interest basis with growth in local currency, excluding M&A.
Video Entertainment

We are building Africa’s leading video-entertainment business.

The key to our growth and success is to offer our customers great entertainment anywhere, anytime across platforms, including digital terrestrial television, direct-to-home and subscription video-on-demand.

Video performance

Revenue

US$3.7bn

up 7%(1)

Trading profit

US$369m

up 24%(1)

Employees

7,064

Note

  • (1) Growth in local currency, excluding M&A.
Media

In our media segment, Media24 is building communities through content, technology and commerce.

We are focusing on building a more diversified media player with market-leading mobile content and a portfolio of ecommerce solutions, including efashion, efulfilment and online job classifieds..

Media performance

Revenue

US$374m

flat year on year

Trading loss

US$30m

increasing 33% year on year(2)

Employees

3,747

Notes

  • (1) All figures exclude Novus
  • (2) Presented on an economic-interest basis with growth in local currency, excluding M&A.

"I love the fact that Naspers keeps reinventing itself. At heart, we are about technology and entrepreneurship."

Koos Bekker, chair

Chair's review

PDF 267KB

Koos Bekker
Bob van Dijk

"We made good progress this year, characterised by strong financial performance, effective capital allocation and positive impact as we continued to deliver on our growth strategy."

Bob van Dijk, chief executive

Chief executive's review

PDF 793KB

Our year in review

How we add value

We pursue growth by building leading companies that empower people and enrich communities.

Underpinned by our active capital allocation and strategy, we ensure we optimise our portfolio for growth and competitiveness.

Business model
naspers business model diagram

The Naspers approach...

From the way we view the world, to the entrepreneurs we partner around the world, from how we invest to how we operate – our approach matters to all our stakeholders.

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  • We think global and support local teams.
  • We rigorously manage our assets and capital allocation for growth.
  • We understand the importance of making a positive impact on society.

Case studies