Bremerhaven. (bm) Just Eat Takeaway.com reported a trading update for the third quarter of 2022. After two years of significant investment following the merger and the pandemic, Chief Executive Jitse Groen is pleased that the Company has returned to profitability earlier than anticipated. According to the release, the focus on profitability delivered material improvements to Revenue per Order, Delivery costs per Order and Overheads + Opex. As a result, the Company was Adjusted Ebitda positive in Q3-2022, materially ahead of prior guidance and is on track towards its long-term target margins. Other topics of the week:
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- Just Eat Takeaway.com: Q3-2022 Trading Update [NL] Fri 10-21
- Albertsons Companies: Reports Q2 Fiscal 2022 Results [US] Fri 10-21
- Mubadala Capital: to Acquire TruFood Manufacturing [UAE] Thu 10-20
- Darling Ingredients: to Acquire Brazilian Collagen Producer Gelnex [US] Thu 10-20
- Digital Grocery Sales Grow, but Shopper Habits Changed [US] Thu 10-20
- FoodChain ID Group Inc. Acquires Cosmocert S.A. [IT] Thu 10-20
- Nestle S.A.: reports nine-month sales for 2022 [CH] Wed 10-19
- Starbucks: to give Seattle’s Best Coffee brand to Nestle [US] Wed 10-19
- Ruiz Foods: Announces Acquisition Of Culinary International [US] Wed 10-19
- Ingka Group: Financial performance FY-2022 [NL] Wed 10-19
- Domino’s: Announces Q3-2022 Financial Results [US] Tue 10-18
- Redefine Meat: announces major strategic partnership [IL] Tue 10-18
- SunOpta: Announces Sale of Its Sunflower Snacks Business [US] Mon 10-17
- Valio phases out the use of natural gas in Riihimäki [FI] Mon 10-17
- Kroger and Albertsons Announce Definitive Merger Agreement [US] Sat 10-15
- Beyond Meat: Targets Cash Flow Positive Operations In H2-2023 [US] Sat 10-15
