Deliveroo PLC (STU:926)
€ 1.894 -0.002 (-0.11%) Market Cap: 3.13 Bil Enterprise Value: 2.41 Bil PE Ratio: 51.84 PB Ratio: 4.99 GF Score: 79/100

Q3 2021 Deliveroo PLC Trading Update Call Transcript

Oct 20, 2021 / 08:00AM GMT
Release Date Price: €3.52 (+3.53%)
Will Shu
Deliveroo PLC - Founder & CEO

Thank you for joining us. I am Will Shu; I am the Founder and CEO of Deliveroo.

Adam Miller
Deliveroo PLC - CFO

And I am Adam Miller; I am the CFO here at Deliveroo.

Will Shu
Deliveroo PLC - Founder & CEO

It's great to have you all online for this morning's presentation of our Q3 trading update. As you might expect, this presentation will be pretty short and we'll move straight into Q&A. So, let's get started.

In terms of key takeaways from these results, I wanted to highlight a couple of points on performance and then some of the new initiatives we've launched in the quarter. In the third quarter orders were up 64% year-on-year and GTV increased by 58% on a constant currency basis. Consumer engagement remained robust despite the easing of lockdown restrictions in many markets. Adam will walk through some of this in the coming slides.

Also worth pointing out, there are clearly a number of macroeconomic disruptions at the moment impacting both

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