IT Services
By Frank Prenesti
Date: Thursday 16 Mar 2023
LONDON (ShareCast) - (Sharecast News) - Meal delivery firm Deliveroo on Wednesday said it was set to lift earnings this year and announced a £50m share buyback after an improved second half of 2022.
The company forecast core earnings of £20-50m. Gross transaction value (GTV), a key measure for the company, rose 9% year-on-year to £6.8bn, driven by continued market share gains in the UK and Ireland and key international markets such as France and Italy.
Revenue jumped 14% to £1.97bn and adjusted core losses narrowed to £45m from £100m.
GTV growth this year is anticipated to be low- to mid- single digits and growth in the first quarter is expected to be broadly flat, improving through the year, Deliveroo said.
Reporting by Frank Prenesti for Sharecast.com
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Currency | UK Pounds |
Share Price | 132.30p |
Change Today | 2.30p |
% Change | 1.77 % |
52 Week High | 147.00 |
52 Week Low | 100.10 |
Volume | 1,814,529 |
Shares Issued | 1,626.66m |
Market Cap | £2,152.07m |
Value |
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Price Trend |
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Income |
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Growth |
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No dividends found |
Time | Volume / Share Price |
16:35 | 837,231 @ 132.30p |
16:35 | 1,872 @ 132.30p |
16:35 | 1,871 @ 132.30p |
16:35 | 1,871 @ 132.30p |
16:35 | 438 @ 132.30p |
Chair | Claudia Arney |
CEO | Will Shu |
CFO | Scilla Grimble |
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