Finance

Deliveroo is positive on 2024 earnings after 'robust' final quarter

Published by Global Banking & Finance Review

Posted on January 16, 2025

1 min read

· Last updated: January 27, 2026

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Deliveroo's positive outlook on 2024 earnings after robust final quarter - Global Banking & Finance Review
This image highlights Deliveroo's positive earnings forecast for 2024, showcasing the company's robust growth in the final quarter with a 7% increase in gross sales. It exemplifies the financial performance and strategic outlook of Deliveroo in the competitive meal delivery market.
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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

Deliveroo Anticipates Strong Earnings for 2024 Following Final Quarter Growth

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)

Key Takeaways

  • Deliveroo reports 7% increase in gross sales.
  • Full-year earnings expected at top of forecast range.
  • Company anticipates being cash flow positive.
  • Growth driven by more orders and increased spending.
  • Deliveroo's financial outlook remains strong.

Frequently Asked Questions

What growth did Deliveroo report in its final quarter?
Deliveroo reported a 7% increase in gross sales for its final quarter, driven by more orders and increased spending.
What are the expected adjusted core earnings for Deliveroo?
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.
Is Deliveroo expecting a positive cash flow?
Yes, Deliveroo stated that it would be free cash flow positive, indicating a healthy financial outlook.

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