14th Jan 2015 08:13
LONDON (Alliance News) - Online takeaway company Just Eat PLC Wednesday said it is "highly confident" for its 2014 results, both financial and operational, after it saw a 50% increase in orders during the year.
The online and mobile takeaway food ordering platform said total orders in 2014 increased 52% year-on-year, boosted by the consolidation of orders from its French business in the second half of the year, although it said that excludes any Brazilian orders from November onwards when that business became an associate. On a like-for-like basis, it said orders were up 50%.
"We enter 2015 with confidence, and we will continue to invest to give consumers more reasons to order their takeaway favourites through Just Eat's online and mobile platforms," said Chief Executive David Buttress in a statement.
Just Eat said ongoing investment in marketing, staff, technology and new products are driving growth for the business, as well as strong underlying momentum in the channel shift to consumers ordering takeaway on mobile devices and online.
The company said it will report its full year results on March 17.
Just Eat shares were trading 2.3% higher at 337.00 pence in early trading Wednesday.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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