
Just Eat Takeaway.com sees improvement in profitability
It is expecting a positive adjusted EBITDA.
Just Eat Takeaway.com is seeing a positive growth in its EBITDA, in the range of minus 0.5% to minus 0.7% in the second half of year 2022.
In a statement, the firm said it is improving its profitability by working on enhancements in revenue per order, delivery costs per order, and overheads and opex.
"Management expects Just Eat Takeaway.com to generate positive Adjusted EBITDA in the second half of 2022, an improvement compared with an Adjusted EBITDA of minus €134 million in the first half of 2022," read the statement.