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Deliveroo CEO Sees Profitability in 2023 After ‘Tough’ Year

  • Delivery company’s revenue rose 14% to £1.97 billion last year
  • Adjusted Ebitda this year seen at £20 million to £50 million
Food delivery companies have shifted strategies to focus on their bottom line.

Food delivery companies have shifted strategies to focus on their bottom line.

Photographer: Hollie Adams/Bloomberg
Updated on

UK food-delivery service Deliveroo Plc reported that annual sales rose 14% last year when inflation and economic headwinds hit customers. 

Revenue rose to £1.97 billion ($2.4 billion) and its operating loss was £245.6 million last year, the company said in a statement Thursday.