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Deliveroo's bumpy ride pays off as it makes money for first time
The Guardian
|March 14, 2025
Deliveroo has made an annual profit for the first time, three years after a disastrous stock market listing that earned the takeaway delivery company the nickname "flopperoo".
The 12-year-old company, a member of the FTSE 250 index, made £3m in profits in 2024, compared with a loss of £32m in 2023, it said yesterday.
Last year was also its first year of cash generation after years of losing hundreds of millions of pounds as the company expanded from a startup to a rare technology company to float on the London Stock Exchange in 2021.
Deliveroo said the annual profit came despite an "uncertain consumer environment", as it pushed beyond takeaways to grocery deliveries, which accounted for 16% of sales in the second half of the year. Its share price fell 8% after analysts flagged "soft" expectations for future profits.
Cette histoire est tirée de l'édition March 14, 2025 de The Guardian.
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