DGAP-News: Delivery Hero SE
/ Key word(s): Quarterly / Interim Statement/Forecast
Berlin, 11 November 2021 - Delivery Hero SE ("Delivery Hero" or "Company"), the world's leading local delivery platform, concludes the third quarter of 2021[1] with a total segment revenue increase of 89% YoY, hitting EUR 1.8 billion. The GMV is up 65% YoY to a total of EUR 9.6 billion. During the full quarter, the Company processed an unprecedented 791 million orders (+52% YoY). The performance of the Integrated Verticals[2] segment in Q3 2021 was driven by an accelerated Dmart roll-out, launching 174 new warehouses worldwide, following an accretion of 84 Dmarts in the previous quarter. Totaling a staggering number of 861 stores at the end of September, and a GMV run-rate of EUR 1.2 billion, Delivery Hero's Dmart business is one of the largest in the industry. Based on the Q3 results, the Company's outlook for 2021 previously raised in the second quarter was now further moved to the upper end of EUR 33 to 35 billion GMV and the total segment revenue adjusted to the upper end of EUR 6.4 to 6.7 billion. The expected adjusted EBITDA/GMV margin confirms at around -2%. Niklas Östberg, CEO and Co-Founder of Delivery Hero, said: "During Q3 2021, we have reached remarkable milestones globally. The strategic expansion of our business continued even beyond the quarter through successful transactions such as the acquisition of hugo in Central America and the Caribbean as well as the investment in q-commerce startup Gorillas. Over the past decade, we have built a scalable platform and convenient service that our customers love. We are looking forward to taking our incredible products to the next level and delivering anything - locally." Emmanuel Thomassin, CFO of Delivery Hero, said: "We maintained strong financial metrics throughout Q3 2021 and were able to move our full-year guidance. The Integrated Verticals segment has once again been a crucial driver, supporting this quarter's solid revenue results and leading to an exceptional QoQ growth, which surpassed listed industry peers. Looking ahead, Delivery Hero will continue to focus on sustainable long-term growth by consolidating our presence in key markets and strengthening our global leadership position." Powering innovation and building an inclusive technology company Financial position Delivery Hero - Key Performance Indicators Q3 2021
ABOUT DELIVERY HERO DISCLAIMER
11.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Delivery Hero SE |
Oranienburger Straße 70 | |
10117 Berlin | |
Germany | |
Phone: | +49 (0)30 5444 59 105 |
Fax: | +49 (0)30 5444 59 024 |
E-mail: | ir@deliveryhero.com |
Internet: | www.deliveryhero.com |
ISIN: | DE000A2E4K43 |
WKN: | A2E4K4 |
Indices: | DAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, OTC QB, OTC QX, SIX, Vienna Stock Exchange |
EQS News ID: | 1248133 |
End of News | DGAP News Service |
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1248133 11.11.2021
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