Report
Andreas Riemann ...
  • Wim Gille

Delivery Hero : Funding is secured for 2022 but less certain thereafter

>Q4 2021 revenue and FY 2021 profits below consensus - In Q4 2021, segment revenue increased 66% y-o-y to € 1,919m and was thus some 3% below the consensus. GMV grew 39% to € 9,640m with all regions contributing. Hence, FY 2021 results for segment revenue and GMV were in line with increased company guidance. For FY 2021, the adjusted EBITDA/GMV ratio was -2.2%, below company guidance of -2% and the consensus of -2%, i.e. was some 10% below consensus for the FY. The co...
Underlying
Delivery Hero SE

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Andreas Riemann

Wim Gille

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