COMPANY ADJUSTED EBITDA PROFITABLE IN Q3 2022, AHEAD OF SCHEDULE
MANAGEMENT, TOGETHER WITH ITS ADVISERS, CONTINUES TO ACTIVELY EXPLORE THE PARTIAL OR FULL SALE OF GRUBHUB
PROVIDED THE RESOLUTION HAS BEEN ADOPTED AT THE EGM, COMPLETION OF THE IFOOD TRANSACTION IS ANTICIPATED TO OCCUR SHORTLY AFTER THE EGM
Q3 ORDERS AT 235.3 MILLION VERSUS 265.8 MILLION YEAR AGO
GTV WAS UP 2% IN Q3 2022 COMPARED WITH THE SAME PERIOD IN 2021 DRIVEN BY A HIGHER AVERAGE TRANSACTION VALUE AND POSITIVE FX MOVEMENTS
Q3 GTV EUR 6.92 BILLION VERSUS EUR 6.8 BILLION YEAR AGO
AS A RESULT, JUST EAT TAKEAWAY.COM WAS ADJUSTED EBITDA POSITIVE IN Q3 2022, MATERIALLY AHEAD OF PRIOR GUIDANCE AT THE BEGINNING OF THE YEAR AND IS ON TRACK TOWARDS ITS LONG-TERM TARGET MARGINS
JUST EAT TAKEAWAY.COM PROCESSED 235 MILLION ORDERS IN Q3 2022, REPRESENTING A 11% DECREASE COMPARED WITH Q3 2021, PREDOMINANTLY CAUSED BY THE END OF COVID-19 RESTRICTIONS AND, TO A LESSER EXTENT, BY REDUCING THE NUMBER OF LOW CONTRIBUTION ORDERS
WITHIN NORTHERN EUROPE, GERMANY REMAINED THE MOST IMPORTANT GROWTH DRIVER WITH YEAR-TO-DATE POSITIVE ORDER GROWTH IN Q3
WHILE THE MARKET BACKDROP IN THE UK WAS LESS FAVOURABLE AGAINST A STRONG COMPARATIVE PERIOD, THE UK AND IRELAND SEGMENT ACHIEVED FURTHER MATERIAL IMPROVEMENTS IN PROFITABILITY IN Q3
IN NORTH AMERICA, GRUBHUB'S PARTNERSHIP WITH AMAZON SHOWED ENCOURAGING EARLY RESULTS
LONG-TERM OBJECTIVES FOR JUST EAT TAKEAWAY.COM REMAIN UNCHANGED