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Just Eat

May 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • JE.
  • Price:
  • 685p
The shares fell out of bed after full year results unveiled a 45% increase in revenues to £546m. That comfortably beat consensus forecasts of £525m, while underlying EBITDA and eps rose 42% and 38% respectively to £164m and 16.8p. But investors were spooked by new guidance that due to significant investment in 2018 (in brand, developing markets and delivery logistics, partly to ward off increasing competition in Australia and New Zealand) 2018 headline EBITDA will be £165m-£185m versus original forecasts for £215m-£235m.Just Eat, the largest online marketplace for delivering takeaway food, reported a 19% increase in orders in the UK, leading to a 28% rise in revenues and EBITDA to £30 ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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