November 1, 2018 / 7:15 AM / 18 days ago

Just Eat says investment costs to weigh on 2018 earnings

LONDON, Nov 1 (Reuters) - Britain’s Just Eat said it expected full-year core earnings to come in towards the lower end of its forecasts, despite rising sales, as investments in Latin America and across the business weigh.

The takeaway group said it expected full-year revenue to be towards the top end of the 740 million pound ($952 million) to 770 million pound range, but an investment drive meant underlying core earnings would be towards the lower end of the 165 million pound to 185 million pound range. ($1 = 0.7774 pounds) (Reporting by Kate Holton; Editing by Susan Fenton)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below