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Back to profitability
- After a period of significant investment following the Just Eat merger and the pandemic, the Company is back to profitability. Adjusted EBITDA improved significantly to €19 million positive in 2022 from minus €350 million in 2021.
www.justeattakeaway.com/newsroom/en-WW/223461-full-year-2022-results
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Why did just eat takeaway (tkwy) raise its profit and cash flow forecasts?
Is Just Eat back to profitability?
Feb 28, 2024 · In 2023, we significantly improved our financial performance in all our segments and generated adjusted EBITDA of €324 million compared with €19 million in 2022. Our enhanced profitability resulted in reaching the critical milestone of returning to positive free cash flow in the second half of 2023.
Jan 18, 2023 · Shares in Just Eat Takeaway jumped on Wednesday after the online food delivery business swung to a small profit in 2022 and said it expected further growth this year.
Oct 18, 2023 · Just Eat Takeaway.com raised its core profit and cash flow forecasts on Wednesday after returning to growth in Northern Europe, Britain and Ireland, sending shares in Europe's biggest meal delivery...
Feb 28, 2024 · Just Eat Takeaway forecast a near 40% rise in 2024 core profit on Wednesday, with its CEO Jitse Groen saying the delivery group will see if there is room for another share buyback programme...
Mar 1, 2023 · After a period of significant investment following the Just Eat merger and the pandemic, the Company is back to profitability. Adjusted EBITDA improved significantly to €19 million positive in 2022 from minus €350 million in 2021.
Mar 1, 2023 · Just Eat Takeaway.com is a leading global online food delivery company, connecting 90 million Active Consumers2 with 692 thousand local Partners 2 through our apps and websites, and with leading positions in attractive countries. As of 31 December 2022, Just Eat Takeaway.com operates in 20
Feb 28, 2024 · Just Eat Takeaway on Wednesday forecast a nearly 40% jump in its 2024 core earnings, ahead of expectations, banking on strong growth in its key British and Irish markets boosted by better...
