Deliveroo’s Irish arm reported bumper sales in 2021 as operating profits peaked

Company's London-listed parent has since slashed its annual sales outlook for 2022 amid waning demand for takeaways due to the rising cost of living

Deliveroo significantly grew its cash pile in the period, with €21.4 million in total assets at the end of the year. Picture: Getty

Sales rose by 64 per cent in 2021 at the Irish unit of Deliveroo as pandemic restrictions prompted a spike in demand for food delivery services.

Deliveroo’s Irish operation, headquartered in Dublin, reported its highest ever operating profit in the year amid a particularly positive year for food delivery services.

The accounts, which cover the period until December 31, 2021, show how Covid-19 changed consumer behaviour.

Sales at Deliveroo Ireland reached €43.2 million in the ...