Just Eat fails to satisfy the market

Order growth is slowing at online takeaway firm
Thursday 12 Jan 2017 Author: Tom Sieber
Slowing order growth is putting shares in online food delivery specialist Just East ( JE. ) under pressure despite confirmation full year results will be in line with guidance (10 Jan). Like-for-like orders were up 36% year-on-year in 2016. This compares with order growth of 46% in 2015 and 50% in 2014. The company is in the process of acquiring UK rival Hungryhouse and Canada’s SkipTheDishes for a combined £360m. (TS) ‹ Previous 2017-01-12 Next ›

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