Just Eat Takeaway.com Backs 2023 View

By Christian Moess Laursen

Just Eat Takeaway.com on Wednesday backed its full-year guidance after its net loss narrowed in the first half, and said that Chief Financial Officer Brent Wissink intends to resign to pursue other opportunities.

The Amsterdam-based food-delivery group booked a net loss of 241 million euros ($311 million) in the first six months of the year compared with a loss of EUR3.54 billion in the first half of 2022.

Adjusted earnings before interest, taxes, depreciation and amortization was EUR143 million compared with a loss of EUR134 million a year prior.

Revenue for the period was EUR2.59 billion, down from EUR2.78 billion.

Gross transaction value–a key metric for the industry–was EUR13.22 billion compared with EUR14.19 billion.

The company said it continues to actively explore the partial or full sale of its U.S. subsidiary Grubhub.

Looking ahead, the company reaffirmed its full-guidance, which includes gross transaction value growth between negative 4% and positive 2% with a return to growth skewed toward the end of the year, and adjusted Ebitda around EUR275 million.

Write to Christian Moess Laursen at [email protected]

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