Never miss an issue of Master Investor Magazine – sign-up now for free!
Shares in food delivery specialist Just Eat (LON:JE.) climbed by 5.33%, to 640p (as of 12:00 BST), after revenues for the 9 months to 30th September rose by 44% to £553.7 million as order levels continued to grow and the company integrated Hungryhouse into its reporting. Notably, the firm’s Canadian offering has seen sales increase by triple digit percentages following the addition of multi-language support.
CEO Peter Plumb said: “The Group has delivered another strong quarter as we helped our 97,000+ restaurant partners serve over 54 million takeaways to millions of hungry customers. Our increased investments in delivery, brand and data are already taking the Just Eat brands to more customers, making it easier for them to order from a widening choice, ensuring their takeaway moments are even more enjoyable.
Our delivery expansion plans are on track, ensuring we give customers exactly what they want, and I’m very pleased with the progress we are making against our strategic objectives“.