Reported about 21 hours ago
Delivery Hero has revised its full-year earnings and cash flow projections downward, anticipating adjusted earnings between 900 million and 940 million euros and a 40% decrease in free cash flow to over 120 million euros, due to unfavorable foreign exchange rates. While growth in gross merchandise volume is expected to remain between 8% and 10%, the company's performance in the vital Asian market has raised concerns following a decline in goods sold.
Source: YAHOO