Company PerformanceAnalyst reiterates Outperform rating with a target price of €59 due to Delivery Hero's potential for a margin turnaround, supported by advertising, quick commerce efficiencies, and investment in core geographies.
Financial HealthDelivery Hero's management gave reassurance of no liquidity problem with significant cash reserves and the ability to cover all maturities to FY28 without external financing.
Market PositionDelivery Hero has dominant market positions in attractive markets with exposure to emerging markets, which could drive strong growth and support a positive long-term outlook.