Just Eat Expects Revenue To Top £200m In 2015

Written By Unknown on Selasa, 17 Maret 2015 | 23.17

Online takeaway marketplace Just Eat has seen a 50% hike in orders over the last year, according to its first results since floating on the stock market.

The company, which went public last April, also reported a 62% increase in revenue to £157m.

And it expects growth to continue this year to more than £200m.

The company says it now has 8.1 millon active users across 13 countries, up 37% from 5.9 million in 2013.

It processed orders worth more than £1bn in 2014.

Shares in the company are up 30% on the year.

CEO David Buttress said of the full year results: "I am delighted with the progress we have made both financially and operationally.

"I remain confident for the year ahead as we focus on our strategic objectives, investing to deliver long-term, sustainable returns for our shareholders."

The company's statement said: "Strong trading momentum has continued into 2015.

"Investment for growth in areas such as technology, marketing and people will continue, and as a result, the board expects 2015 revenues to marginally exceed £200m, at current exchange rates."

It added: "Spain and Italy are amongst the fastest growing countries with slightly slower growth in our more mature markets such as the now profitable Irish business.

"The only outlier is the highly competitive Benelux region, which contracted slightly during the year and where we remain the number two in the market."


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