Deliveroo PLC (FRA:926)
€ 1.694 0.038 (2.29%) Market Cap: 2.52 Bil Enterprise Value: 1.78 Bil PE Ratio: 45.77 PB Ratio: 4.41 GF Score: 82/100
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Half Year 2023 Deliveroo PLC Earnings Call Transcript

Aug 10, 2023 / 08:00AM GMT
Release Date Price: €1.41 (+1.58%)
William Shu
Deliveroo plc - Founder, CEO & Director

Good morning, and welcome to our Interim Results Presentation for '23. I'm Will Shu, Founder, CEO of Deliveroo, and I'm joined this morning by Scilla Grimble, our CFO. All right, before we get started, I do want to take a big step back. I'm not a particularly retrospective person, but I'm going to give it a shot. It's been 2.5 years since we went public, and what has changed with Deliveroo over that time. I think a huge amount. So let's get into it.

It's also worth pointing out that we Deliveroo, we have pioneered a lot of the food delivery industry. I'm very proud of what we've done there. We were the first to develop a subscription model. We were the first in delivery-only kitchens. We move quickly to develop Hop. We started Hop as a service. There's countless other examples. Innovation and growth is at the heart of what we do. Perhaps the best example of this is grocery, we started this business from a standstill a few years ago. We grew this business through conscious deliberate investments, dialing-up harder when we felt growing

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