Finance
Deliveroo is positive on 2024 earnings after 'robust' final quarter
Published by Global Banking and Finance Review
Posted on January 16, 2025
1 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 16, 2025
1 min readLast updated: January 27, 2026
Deliveroo reports strong Q4 growth with a 7% sales increase, projecting top-range earnings and positive cash flow for 2024.
LONDON (Reuters) - Meal delivery company Deliveroo said it had "robust" growth in its final quarter, with gross sales on its platform up 7%, driven by more orders and increased spending, and said its full-year earnings would be towards the top of its forecast.
The British company on Thursday said adjusted core earnings were expected to be towards the top end of its 110-130 million pound ($134-$159 million) range, adding that it would be free cash flow positive for the year, in line with its guidance.
($1 = 0.8185 pounds)
(Reporting by Paul Sandle; Editing by Catarina Demony)
Deliveroo reported a 7% increase in gross sales for its final quarter, driven by more orders and increased spending.
Deliveroo expects its adjusted core earnings to be towards the top end of its 110-130 million pound range, which is approximately $134-$159 million.
Yes, Deliveroo stated that it would be free cash flow positive, indicating a healthy financial outlook.
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