Updates

Just Eat

October 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.

Just Eat, the leading marketplace for online food delivery, seems to be returning to form with revenue guidance for 2018 upgraded from £660m-£700m to £740m-£770m although EBITDA guidance remains unchanged at £165m-£185m.For the six months to June, orders jumped 30% to 104.4m and revenue increased 45% to almost £359m. EBITDA rose 12% to £83m while pretax profit was down 3% to £48m due to costs associated with the Hungryhouse acquisition.In the UK (51% sales) turnover rose 30% to £183m with orders +20% to 59.3m including 2.2m orders from the Hungryhouse platform, which was fully integrated ahead of plan. EBITDA margin fell from 52% to 49% but that reflected investment ...

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NMC Health - Shares hit intra-day high of £43

Whitbread

Just Eat Takeaway (October 2020)

Just Eat Takeaway - All share bid for Grubhub (August 2020)

Just Eat (January 2020)

Just Eat (December 2019)

Just Eat - Bid approach lifts shares (September 2019)

Just Eat - Target price raised 100p to 1150p (May 2019)

Just Eat (March 2019)

Just Eat (May 2018)

Just Eat - Hungryhouse clearance triggers upgrades (December 2017)

Just Eat - Online market place for take away food upgrades forecasts (September 2017)

Just Eat (July 2017)

Just Eat - Jefferies puts out £10 price target (April 2017)

Just Eat - Shares soar to new highs (September 2016)

Just Eat - Online market for takeaway deliveries to grow sales 122% by 2018 (July 2016)

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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