DELIVERY HERO - BUY Top Picks | EUR160 VS. EUR170 (+87%) EBITDA profitability in sight for 2023 and no risk of new capital raise
DELIVERY HERO - BUY Top Picks | EUR160 VS. EUR170 (+87%)EBITDA profitability in sight for 2023 and no risk of new capital raise
Adjusting our 2022 EBITDA from -EUR530m to -EUR430m
Understanding the moving parts between core food and quick commerce
No more risk of new capital raise
Buy Top Picks, playing the group’s new communication strategy
Delivery Hero SE is a Germany-based company, which is primarily engaged in the food industry. The Company operates as a provider of online food delivery services from restaurants and cafes. The Company offers pizza, burger, organic food, vegan cuisine, and Asian dishes, among others. Its portfolio of brands comprises Foodpanda, Lieferheld, Foodora, PedidosYa, Clickdelivery, Talabat, Yemeksepeti, Donesi, Pauza, Hungerstation, Hellofood, Otlob and others. The Company operates globally, on the territory of more than 40 countries, comprising Europe, the Middle East, North Africa, Asia, and the Americas. The Company's services are available through Web version and mobile application.
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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