BUZZ-Just Eat: Worst day ever as core profit outlook well below consensus
** Shares (Berlin: DI6.BE - news) in Just Eat (Frankfurt: A1100K - news) slump 15 pct to 4-mth lows
** Analysts say EBITDA outlook 23% below consensus
** The company says it will make investments in delivery in the UK, Canada, Australia & NZ
** Says to invest an additional 50 million pounds ($69 million) in 2018 to stay ahead of well-funded rivals
** Berenberg analysts say investment in delivery was top of the likelihood list, but "if we were honest we did not expect a figure for total investment for 2018 to the magnitude of £50m"
** "We expect the initial reaction to be negative, but medium term it will depend on whether it can drive incremental EBITDA," Morgan Stanley (Xetra: 885836 - news) writes in a note
** Stock heading for its worst day ever since it listed in 2014