Delivery Hero Reports H1 2019 Financial Results. FY 2019 Revenues Expected to Reach Top of Revenue Guidance Range of EUR 1.3 to 1.4 Billion
DGAP-News: Delivery Hero Reports H1 2019 Financial Results. FY 2019 Revenues Expected to Reach Top of Revenue Guidance Range of EUR 1.3 to 1.4 Billion
DGAP-News: Delivery Hero SE / Key word(s): Half Year Results
Berlin, 4 September 2019 - Delivery Hero Group ("Delivery Hero"), one of the leading global online food ordering and delivery marketplaces, publishes its half-year 2019 results.
Niklas Östberg, CEO of Delivery Hero, commented:
"A significant revenue acceleration to 103% YoY in Q2 boosted H1 performance. The initiatives to improve our product offering and own-delivery services are driving strong top-line growth in Q3 and we see this trend continuing into the year-end. We are confident that we can achieve our ambitious targets and expect our full-year revenues to reach the top of the guidance range."
Group Financial Performance H1 2019:
Key Performance Indicators:
1) Americas revenues and GMV are impacted by the Argentinian operations qualifying as hyperinflationary economy according to IAS 29 beginning 1 September 2018. 2018 revenue is retrospectively adjusted.
2) Includes reported growth rates for Argentina in constant currency due to the effects of hyperinflation in Argentina.
The full Half-Year Report 2019 can be downloaded on the Delivery Hero website, via the following link: https://ir.deliveryhero.com/websites/delivery/English/3100/financial-reports.html
On 7 November 2019 Delivery Hero will publish its Q3/9M 2019 Quarterly Trading Update.
About Delivery Hero:
Delivery Hero is one of the leading global online food ordering and delivery marketplaces. The Company maintains number one competitive market positions, in terms of restaurants, active users, orders and number of online and mobile platforms, across 33 out of 41 countries in Europe, the Middle East & North Africa (MENA), Latin America and Asia-Pacific. Delivery Hero also operates its own delivery service primarily in over 300 cities around the world. The Company is headquartered in Berlin, Germany and has over 22,000 employees.
For more information, please visit www.deliveryhero.com
WKN: A2E4K4; ISIN: DE000A2E4K43
The presentation contains forward looking statements, other estimates, opinions and projections with respect to anticipated future performance of Delivery Hero SE ("Forward-looking Statements"). These Forward-looking Statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "anticipates", "expects", "intends", "aims", "plans", "predicts", "may", "will" or "should" or, in each case, their negative, or other variations or comparable terminology. These Forward-looking Statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding Delivery Hero SE's intentions, beliefs or current expectations concerning, among other things, Delivery Hero SE's prospects, growth, strategies, the industry in which it operates and potential or ongoing acquisitions. By their nature, Forward-looking Statements involve significant risks and uncertainties, because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking Statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Similarly, past performance should not be taken as an indication of future results, and nor representation or warranty, express or implied, is made regarding future performance. The development of Delivery Hero SE's prospects, growth, strategies, the industry in which it operates, and the effect of acquisitions on Delivery Hero SE may differ materially from those made in or suggested by the Forward-looking Statements contained in this presentation or past performance. In addition, even if the development of Delivery Hero SE's prospects, growth, strategies and the industry in which it operates are consistent with the Forward-looking Statements contained in this presentation or past performance, those developments may not be indicative of Delivery Hero SE's results, liquidity or financial position or of results or developments in subsequent periods not covered by this presentation. Any Forward-Looking Statements only speak as at the date of this press release is provided to the recipient and it is up to the recipient to make its own assessment of the validity of any Forward-looking Statements and assumptions. No liability whatsoever is accepted by Delivery Hero SE in respect of the achievement of such Forward-looking Statements and assumptions.