LOGO
LOGO

Corporate News

Just Eat Takeaway.com FY Loss Narrows

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Just Eat Takeaway.com N.V. (JET.L), a Dutch platform for ordering and delivering food, reported that its loss attributable to owners of the company for the year ended 31 December 2023 narrowed to 1.85 billion euros or 8.69 euros per share from last year's 5.67 billion euros or 26.51 euros per share.

Depreciation, amortisation and impairments was 2.14 billion euros compared to 5.17 billion in the prior year.

Excluding the impact of impairment losses and amortisation, profit would have amounted to 145 million euros in 2023 compared to a loss of 652 million euros in 2022.

Annual revenue declined to 5.17 billion euros from 5.56 billion euros in the prior year.

Looking ahead for 2024, the company expects constant currency GTV growth,excluding North America, to be in the range of 2% to 6% year-on-year; adjusted EBITDA of approximately 450 million euros.

The company provides long-term target of group adjusted EBITDA margin in excess of 5% of GTV.

The company said it continues to actively explore the partial or full sale of Grubhub.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.