Delivery Hero reports 6.8% gross sales volume growth in 2023, but suffers 26% share value plunge.

Delivery Hero recently released early preliminary results due to a 26% plunge in their share value. Despite the stock drop, the company reported they grew their gross sales volume by 6.8% to €47.6 billion ($51.3 billion) in 2023, reaching their 5-7% guidance range. Adjusted EBITDA for the year was more than €250 million. Delivery Hero expects their measure of profitability to increase even more in 2024.

February 05, 2024
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