Just Eat revenue soars as more Britons opt for takeaway
Online takeaway conglomerate Just Eat enjoyed a very successful 2014 in which it saw its revenue soar by 62% to £157m.
It comes as Britons evidentially increased their appetite over the course of the year as orders were up by 52% to 61.2 million, with active users up 37% to 8.1 million.
"It's been another excellent year for Just Eat," said David Buttress, CEO.
"Our results demonstrate how we are successfully building market-leading positions as more consumers discover the ease of use and wide choice of cuisines that our marketplaces for takeaway food offer. This would not have been possible without the commitment and passion of all of our teams and I would like to thank them for their hard work and dedication."
Just Eat said its "strong trading momentum has continued into 2015". The firm said it expects revenue to "marginally" exceed the £200m mark.
"I remain confident for the year ahead as we focus on our strategic objectives, investing to deliver long-term, sustainable returns for our shareholders," added Buttress.
Shares in Just Eat rose by more than 1% to 368.00p on the back of the strong financial announcement.
© Copyright IBTimes 2024. All rights reserved.