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Deliveroo Achieves Strong Q3 Growth Amid Global Expansion

Deliveroo Achieves Strong Q3 Growth Amid Global Expansion

Deliveroo plc Class A (GB:ROO) has released an update.

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Deliveroo reports a solid performance in Q3 2024, with a 6% year-on-year increase in gross transaction value (GTV) and a 2% rise in orders. The company highlights strong growth in the UK and Ireland, and positive trends in international markets like the UAE and Italy, despite some disruptions in France. Deliveroo maintains its full-year guidance, expecting positive free cash flow and adjusted EBITDA in the upper half of their projected range.

For further insights into GB:ROO stock, check out TipRanks’ Stock Analysis page.

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