Home Business NewsBusiness Just Eat owner reports strong growth

Just Eat owner reports strong growth

by LLB Editor
13th Feb 20 10:54 am

Online food ordering firm Takeaway has reported strong revenue growth and a small core profit for 2019, the last year before it takes over rival Just Eat.

The Dutch firm reported pre-tax earnings of €12.3m (£10.3m), after a loss of €11.3m a year earlier.

The merged company is awaiting final approval from the Competition and Markets Authority (CMA), a deal which will create one of the world’s largest meal delivery companies.

“We are very excited about the opportunities the combination makes possible and are looking forward to 2020,” Takeaway chief executive Jitse Groen said.

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