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Deliveroo plc Class A ( (GB:ROO) ) has shared an announcement.
Deliveroo reported a robust performance in the fourth quarter of 2024, with a 6% growth in gross transaction value (GTV) aligning with their guidance. The company expects its adjusted EBITDA to be at the high end of the £110-130 million range, and it achieved positive free cash flow for the year. The UK and Ireland markets saw a GTV growth of 9%, while international markets excluding Hong Kong experienced a 10% growth in constant currency. The company attributes its success to enhanced loyalty programs, strong grocery growth, and strategic retail partnerships, which have improved order frequency and retention.
More about Deliveroo plc Class A
Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. It collaborates with approximately 186,000 restaurants, grocers, and retail partners, and employs around 135,000 riders to provide on-demand delivery services worldwide. The company is headquartered in London and operates across 10 markets including the UK, France, Hong Kong, and the UAE.
YTD Price Performance: -9.37%
Average Trading Volume: 4,243,310
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.92B
See more data about ROO stock on TipRanks’ Stock Analysis page.
