Brief: Just Eat Takeaway.com H1 Adjusted EBITDA Rises Over 40% Year-On-Year

Just Eat Takeaway.com NV

31/07/2024 06:13

July 31 (Reuters) - Just Eat Takeaway.com NV  TKWY.AS :
    * CONSTANT CURRENCY GTV GROWTH EXCLUDING NORTH AMERICA OF 3%
IN H1
2024
    * HALF YEAR ADJUSTED EBITDA OF EUR 203 MILLION; AN INCREASE
OF
OVER 40% YEAR-ON-YEAR
    * NEW SHARE BUYBACK PROGRAMME OF UP TO EUR 150 MILLION
    * GUIDANCE FOR 2024 REITERATED
    * TOTAL REVENUE WAS EUR 2,570 MILLION IN H1 2024 COMPARED
WITH EUR
2,588 MILLION FOR H1 2023.
    * FREE CASH FLOW BEFORE CHANGES IN WORKING CAPITAL OF €38
MILLION
IN H1 2024
    * NEW SHARE BUYBACK PROGRAMME WILL COMMENCE ON JULY 31 2024
AND IS
EXPECTED TO COMPLETE NO LATER THAN 31 MARCH 2025
    * NET LOSS FOR THE PERIOD AMOUNTED TO €301 MILLION IN H1
2024
(€258 MILLION IN H1 2023)

Source text for Eikon:  ID: 
Further company coverage:  TKWY.AS 

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