Deliveroo: controlled reinvestments in 2025, untouched business model
Post-FY 2024, we see 2025 as a year of reinvestment set to fuel longer-term growth and implying a smaller margin expansion than usual. Whether these investments are purely proactive or in response to the ongoing acquisition of JET by Prosus, we expect a higher pace of growth going forward and have
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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