Delivery Hero reverses losses to climb 5% after reporting sales growth in line with targets
Publishing timestamp: 2024-02-05 12:03:59
Summary
Delivery Hero released preliminary financial results, showing growth in gross sales volume and adjusted EBITDA in line with its own guidance. The company's share price had dropped last week due to news about sales of key assets. Delivery Hero's decision to release the results early was an attempt to push back against investor flight. The company also provided positive guidance for 2024, expecting increased profitability and growth.
Sentiment: NEUTRAL
Tickers: DHER-DE,
Keywords: internet, business news, breaking news: markets, earnings, breaking news: technology, markets, delivery hero se, technology,