Takeaway.com N.V. (AMS: TKWY), hereinafter the “company”, or together with its group companies “Takeaway.com”, the leading online food delivery marketplace in Continental Europe, hereby issues a trading update for the full year 2018
• Revenue grew by 44% to €240.0 million in 2018 compared with €166.5 million in 2017. Excluding Israel, which has been consolidated from 26 September 2018, revenue grew by 41% to €234.7 million in 2018.
• Marketing expenses increased by 10% to €127.8 million in 2018 compared with €116.6 million in 2017, substantially lower than order and revenue growth, reflecting Takeaway.com’s brand strength and the recurring nature of consumer behaviour.
• In 2018, Takeaway.com continued to invest in its organisation and staff to manage its growth strategy and to support the growth of its Scoober operations.
• Takeaway.com’s Adjusted EBITDA in the second half of 2018 was approximately in line with its Adjusted EBITDA in the first six months of 2018.
• Takeaway.com processed 93.9 million orders in 2018, representing a 38% increase compared with 2017. Orders via Takeaway.com’s restaurant delivery service Scoober represented 3.0% of total orders in 2018 versus 1.4% of total orders in 2017.
• Cash and cash equivalents were €77.8 million as at 31 December 2018 compared with €89.8 million at 31 December 2017. At the end of 2018, Takeaway.com had a €150 million bridge debt facility outstanding related to the 10bis acquisition in Israel. • Takeaway.com will publish its full year 2018 results at 7:00am CET on 13 February 2018.
About Just Eat Takeaway.com
Just Eat Takeaway.com (AMS: TKWY) is one of the world’s leading global online food delivery companies.
Headquartered in Amsterdam, the Company is focused on connecting consumers and Partners through its platforms. With 731,000 connected Partners, Just Eat Takeaway.com offers consumers a wide variety of choices from restaurants to retail.
Just Eat Takeaway.com has rapidly grown to become a leading online food delivery marketplace with operations in Australia, Austria, Belgium, Bulgaria, Canada, Denmark, Germany, Ireland, Israel, Italy, Luxembourg, Poland, Slovakia, Spain, Switzerland, the Netherlands and the United Kingdom.
Most recent information is available on our corporate website and follow us on LinkedIn and X.
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