Just Eat Takeaway has forecasted a nearly 40% increase in its 2024 core profit, surpassing analyst expectations, with adjusted earnings of about $487 million. The growth is attributed to its strong performance in the British and Irish markets, driven by improved delivery efficiency, simplified operations, and higher food prices. Additionally, the company's focus on cost-cutting measures has been a significant factor in boosting profitability. CEO Jitse Groen mentioned the possibility of another share buyback program following the conclusion of the current one in September 2024. Just Eat Takeaway also reported a €1.5bn impairment charge due to acquisition costs.
WATCH: Just Eat Takeaway forecast a nearly 40% jump in its 2024 core earnings, ahead of expectations, banking on strong growth in its key British and Irish markets boosted by better delivery efficiency and simplified delivery operation https://t.co/qYzHvhNR65 https://t.co/VKJKwqycCY
Just Eat Takeaway expects nearly 40% jump in 2024 core profit earnings, banking on strong growth in its key British and Irish markets that is being driven by simpler and more efficient delivery operations and higher food prices https://t.co/aaZy8YG1fb https://t.co/1c9nQYAIco
Just Eat Takeaway forecast a near 40% rise in 2024 core profit with its CEO Jitse Groen saying the delivery group will see if there is room for another share buyback program once its current one ends in September. Read more: https://t.co/qYzHvhNjgx https://t.co/tWOVMJS9Jm
Just Eat Takeaway believes 2024 could deliver tasty profits for investors, the food delivery app forecast a near 40% jump in its core earnings seeing adjusted earnings of about $487 million in the current year https://t.co/aaZy8YFtpD https://t.co/vjAdlaQjSu
WATCH: Just Eat Takeaway believes 2024 could deliver tasty profits for investors, the food delivery app forecast a near 40% jump in its core earnings seeing adjusted earnings of about $487 million in the current year https://t.co/qYzHvhNR65 https://t.co/QcqSJuSVmj
Just Eat Takeaway forecast a near 40% rise in 2024 core profit with its CEO Jitse Groen saying the delivery group will see if there is room for another share buyback program once its current one ends in September https://t.co/aaZy8YFtpD https://t.co/km5agTaRQn
Just Eat Takeaway books €1.5bn impairment charge as acquisition costs bite https://t.co/oHxiEdgGSn
Just Eat Takeaway expects nearly 40% jump in 2024 core profit earnings, banking on strong growth in its key British and Irish markets that is being driven by simpler and more efficient delivery operations and higher food prices. More here: https://t.co/qYzHvhNjgx https://t.co/G95xITUIyN
Just Eat Takeaway forecast a nearly 40% jump in its 2024 core earnings, ahead of expectations, banking on strong growth in its key British and Irish markets boosted by better delivery efficiency and simplified delivery operation https://t.co/aaZy8YG1fb https://t.co/tlF63bBp6Q
Just Eat Takeaway sees nearly 40% jump in 2024 core profit https://t.co/CbUW37Fz4p https://t.co/mdhXdWlW7c
Just Eat says its earnings this year will be better than analysts expect as the Dutch food delivery service’s focus on cost-cutting boosts its profitability https://t.co/QFqFLCHpYD
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