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Hellofresh SE Increases Adjusted EBITDA Margin And Revenue Growth Guidance For 2019 Due To Strong Q3 2019 Results
Hellofresh: Baillie Gifford & Co To Buy More Voting Rights
Hellofresh Q2 AEBITDA At EUR 18.3 Mln
Hellofresh SE is a Germany-based company that provides online food services. The Company offers pre-portioned ingredients that give subscribers the opportunity to prepare home-cooked meals each week using its recipes. The users have choice between different kinds of meals and recipes which are delivered on selected weekdays. The Company delivers its products to customers in different geographical regions. The business activities of the Company are divided into two operating segments: the USA segment, which comprises operations in the USA and International segment, which includes operations in Australia, Austria, Belgium, Canada, Germany, the Netherlands, Switzerland and the United Kingdom. The company operates under the HelloFresh brand.
Saarbruecker Strasse 37a
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German meal-kit company HelloFresh SE <HFGG.DE> reported its first quarterly underlying operating profit since it listed in 2017, citing robust performance in both its U.S. and broader international segments.
German meal-kit delivery firm HelloFresh SE on Tuesday posted a positive adjusted EBITDA for the first time since its trading debut, citing robust performance in the United States, a key market, days after its U.S.-based rival Blue Apron reported weak quarterly results.
German meal-kit delivery firm HelloFresh reported a pick up in revenue growth on Tuesday and said it hoped to break even by the end of the year, boosting its shares.
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