Previous close | 2,090.50 |
Open | 0.00 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | 653,556 |
Market cap | 4.538B |
Beta (5Y monthly) | 0.82 |
PE ratio (TTM) | N/A |
EPS (TTM) | -474.90 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The food delivery firm’s overall order numbers dropped by 12% in the fourth quarter and were down by 10% in the UK and Ireland.
Just Eat Takeaway CEO Jitse Groen on Wednesday said the company remains in talks to sell its U.S. Grubhub subsidiary, but the sales process is "difficult" given the current M&A market. "We've been in the sales process for quite some time," Groen said on a call following a fourth-quarter trading update. In the trading update, Just Eat said fourth-quarter orders fell 12% but the company sees an operating profit of 225 million euros ($244 million) for 2023.
AMSTERDAM (Reuters) -Just Eat Takeaway.com NV, Europe's largest meals delivery company, said on Wednesday that its orders fell in the fourth quarter of last year, but shares leapt on a 2023 profit forecast. The company, which has been cutting costs in a bid to improve profitability, said in a trading update that it had swung into a narrow profit in 2022 against expectations for a substantial loss, and saw earnings surging further next year.