Deliveroo: share up on strong interim results

(CercleFinance.com) - Shares in the British food delivery group Deliveroo are currently up about 4% in London, after the group reported a "solid performance" for H1, despite an environment deemed "difficult" from a consumer perspective.


In the first six months of the year, its gross transaction value (GTV) rose 7% y-o-y to almost 3.56 billion pounds.

Revenue rose even more, up 12% to 1.01 billion pounds, driven by increased commission on orders and a surge in advertising revenue, a new source of income.

Deliveroo said that it continued to win market share in the UK and Ireland, as well as France and Italy.


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