Just Eat Takeaway earnings
Just Eat Takeaway earnings
Just Eat Takeaway earnings
News summary

Just Eat Takeaway reported strong financial results for the first half of 2024, including a 42% increase in adjusted EBITDA to €203 million, despite a slight decrease in total revenue from €2.59 billion to €2.57 billion. The company's gross transaction value (GTV) grew by 3% when excluding North America, driven by growth in its partner base and enhanced delivery coverage. CEO Jitse Groen emphasized ongoing improvements in profitability and operational efficiency, confirming the company's full-year guidance and announcing a new €150 million share buyback program. Performance varied across regions, with notable growth in the UK and Ireland, while North America faced challenges with a 9% decline in GTV due to increased competition. The firm continues to explore options regarding its Grubhub unit in the U.S. and reported a net loss of €301 million primarily due to depreciation and write-downs.

Story Coverage
Bias Distribution
100% Left
Information Sources
71639883-fbbd-48af-8cc3-393f63e7b2ef
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
45 days ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News