Report
Andreas Riemann

HelloFresh : Better momentum in H2 2023, FY 2025 targets confirmed

>Accelerating momentum in H2 2023 could improve investor sentiment - Yesterday, HelloFresh held a CMD in Berlin. Major messages include: 1/ The year 2023 is challenging due to ingredient inflation and an uncertain consumer environment. Sales growth to be less than 10% y-o-y in H1 and 10% or more in H2 2023. 2/ Advanced markets already achieve >10% adjusted EBITDA margin and underpenetrated markets should follow this path. 3/ FY 2025 targets were confirmed and that is ...
Underlying
HelloFresh SE

HelloFresh is engaged in the delivery of meal kits to customers in the U.S., the United Kingdom, Germany, the Netherlands, Belgium, Luxembourg, Australia, Austria, Switzerland and Canada. Co. provides portioned food and recipes, which its subscribers receive in weekly boxes. Co. provides both omnivore and vegetarian options, with fresh ingredients and chef-inspired recipes.

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

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