|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||5.04 - 5.13|
|52-week range||2.49 - 15.01|
|Beta (5Y monthly)||0.65|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Delivery Hero is confident it has taken the correct decisions to reach profitability, said the German online food delivery company's chief financial officer on Tuesday. "Our decisions are paying off," CFO Emmanuel Thomassin told Reuters after the company forecast 7% growth on the quarter in its third-quarter gross merchandise value (GMV). Thomassin, who said that the company is likely the fastest-growing in the food delivery sector, added that Delivery Hero will probably close some of its warehouse locations in the second half.
Including Barcelona-headquartered food delivery firm Glovo, in which Delivery Hero owns a majority stake, the group expects its GMV to reach 11.5 billion euros in the three months to Sept. 30. The company expects the Asia segment for its platform business, which accounts for nearly three quarters of the group's GMV, to generate 7 billion euros in the current three-month period, an 8% increase on the quarter. Delivery Hero also reiterated its target to reach profitability for the entire group in 2023.
DGAP-News: Delivery Hero SE / Key word(s): Quarterly / Interim StatementDelivery Hero’s Q2 2022 results confirm accelerated trajectory towards profitability 16.08.2022 / 07:30 The issuer is solely responsible for the content of this announcement. In Q2 2022, Delivery Hero reached a Gross Merchandise Value (GMV) of EUR 9.9 billion (+18% YoY), while Total Segment Revenue grew by 38% YoY, reaching EUR 2.1 billion Delivery Hero’s FY 2022 guidance which was already updated in July has been confirmed.