UK markets closed
  • NIKKEI 225

    27,968.99
    -58.85 (-0.21%)
     
  • HANG SENG

    18,597.23
    +392.55 (+2.16%)
     
  • CRUDE OIL

    80.47
    +2.27 (+2.90%)
     
  • GOLD FUTURES

    1,782.70
    +19.00 (+1.08%)
     
  • DOW

    34,589.77
    +737.24 (+2.18%)
     
  • BTC-GBP

    14,170.58
    +448.40 (+3.27%)
     
  • CMC Crypto 200

    406.06
    +5.37 (+1.34%)
     
  • ^IXIC

    11,468.00
    +484.22 (+4.41%)
     
  • ^FTAS

    4,139.65
    +27.35 (+0.67%)
     

HelloFresh Q3 core earnings below expectations

(Reuters) - German meal-kit maker HelloFresh on Thursday reported weaker-than-expected third-quarter core earnings due to high marketing costs and seasonality effects.

Quarterly adjusted core profit (AEBITDA) dropped to 71.8 million euros ($72.27 million), down 10% and falling short of an average of 75.6 million euros estimated by analysts in a company-provided poll.

($1 = 0.9935 euros)

(Reporting by Linda Pasquini; Editing by Josephine Mason)