Deliveroo Plc Class A (GB:ROO) has released an update.
Deliveroo Plc reports a positive start to 2024, with a 6% increase in gross transaction value (GTV) and a 2% rise in orders year-on-year, signaling a return to growth in the first quarter. The company has seen notable international gains, particularly in France, the UAE, and Hong Kong, while maintaining stable revenue take rates through continued investment in consumer value. Deliveroo’s full-year guidance remains unchanged, anticipating positive cash flow and adjusted EBITDA within the projected range.
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