Delivery Hero SE (OTCPK:DLVHF)
$ 37.07 -4.7335 (-11.32%) Market Cap: 11.26 Bil Enterprise Value: 15.80 Bil PE Ratio: 0 PB Ratio: 8.21 GF Score: 76/100

Q1 2019 Delivery Hero SE Earnings Call Transcript

Apr 25, 2019 / 07:30AM GMT
Release Date Price: $39.65
L. Niklas Ã;stberg
Delivery Hero SE - Co-Founder, MD, CEO & Member of Management Board

Good morning, everyone, and welcome to our Q1 trading update. Yes, as you have seen this morning, we had a pretty good first quarter. Order and revenue growth reached its highest levels since our IPO. We managed to beat consensus again for the eighth consecutive quarter and have also increased our full year revenue guidance.

The additional investments further strengthen our leadership positions and drove growth in key regions. With significant cash in the balance sheet, we're in a good position to take advantage of opportunities that arise.

So before stepping into numbers, we would like to recap our vision and where we are today. We continue to be very early stage of online food delivery, we are seeing rapid changes in consumer behavior, with for us, higher order frequency across the board. As we further scale and drive leadership, we remain focused on achieving our vision to always deliver an amazing experience. We're excited to bring more food and more services to 1.2 billion

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