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Just Eat upgrades full-year guidance after jump in H1 revenue


Thursday, 28 Jul 2016 

Just Eat Plc : We are now increasing our forecasts for fy 2016 above market consensus . Upgrades 2016 guidance . Expectations for 2016 revenues increase from £358 million to £368 million assuming current exchange rates remain for balance of year . Now expect uebitda of between £106-108 million (up from £102- 104 million) . H1 revenues up 59% to £171.6 million (h1 2015: £107.8 million), up 57% on a forex neutral basis .Underlying ebitda 4 up 107% to £53.4 million (h1 2015: £25.8 million).