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

Q3 2019 Delivery Hero SE Earnings Call Transcript

Oct 31, 2019 / 09:00AM GMT

Release Date Price: $49.01

Transcript

Operator

Ladies and gentlemen, welcome to the Q3 2019 Trading Update of Delivery Hero SE. At our customers' request, this conference will be recorded. (Operator Instructions) May I now hand you over to Niklas Ostberg, Co-founder and CEO, who will lead you through this conference. Please go ahead, sir.

L. Niklas Ã;stberg

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

Hey. Good morning, everyone, and welcome to our Q3 '19 trading update. As you have seen this morning, we had another fantastic quarter. In Q3, order and revenue growth further accelerated, reaching the highest level since our IPO. The business outperformed growth expectations for the 10th consecutive quarter. Consequently, we are, once more, raising our revenue guidance this time to between EUR 1.44 billion to EUR 1.48 billion for the full year 2019.

Before going through the numbers, I'd like to recap our vision to always deliver an amazing experience, fast, easy and to your door. And I believe our focus on this is the core reason why we have been

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