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

Q2 2019 Delivery Hero SE Corporate Sales Call Transcript

Jul 30, 2019 / 10:00AM GMT

Release Date Price: $45.15

Transcript

Operator

Dear ladies and gentlemen, welcome to the Q2 2019 Trading Update of Delivery Hero SE. At our customer's request this conference will be recorded. (Operator Instructions) May I now hand you over to Niklas Ãstberg, Co-founder and CEO, who will go through his conference. Please go ahead, sir.

L. Niklas Ã;stberg

Delivery Hero SE - Co-Founder, MD, CEO & Member of Management Board

Good morning, everyone, and welcome to our Q2 '19 trading update. So as you've already seen, this morning, we had a fantastic first half of the year. In Q2, we saw orders and revenue growth further accelerate to the highest level since our IPO. The businesses has outperformed our expectations for the second quarter as the number of new customers that ordered on our platform has accelerated significantly. And consequently we managed to beat consensus again for the ninth consecutive quarter, despite having just announced an increase of EUR 200 million to our full year '19 revenue guidance in June '19.

Before I step into the numbers, I will recap our vision that

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