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flag Deliveroo reports a 7% rise in Q4 sales, projecting high earnings and positive cash flow for 2024.

flag Deliveroo reported a strong final quarter with a 7% increase in gross sales, driven by more orders and higher spending, particularly in the UK and Ireland. flag The company expects its adjusted core earnings to be at the top end of its forecast range (£110-130 million) and to be free cash flow positive for the year. flag CEO Will Shu attributed the growth to new loyalty programs, expanded grocery services, and partnerships with various retailers. flag Despite these gains, Deliveroo’s shares remain below their initial public offering value.

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