Companies
Just Eat boosts outlook for 2023 earnings
Food delivery service expects to break-even in the second half of the year and positive cash-flow thereafter
Just Eat has raised its full-year guidance as the company’s focus on cost cutting boosted profitability.
The food-delivery company now sees adjusted earnings before interest, taxes, depreciation and amortization of around €310 million in 2023, it said in a statement on Wednesday. It had previously forecast adjusted Ebitda of about €275 million for the year.
The company said it expects to be approximately cash flow break-even in the second half of the year and positive ...
