Delivery Hero 2026 Forecast Raised on Stronger Demand, Higher Profitability

Delivery Hero 2026 Forecast Raised on Stronger Demand, Higher Profitability

Aug 27 (Reuters) – German online takeaway food company ‌Delivery Hero lifted its forecasts for 2026 on Thursday, citing an accelerating rise in demand and better-than-expected ​profitability.

Its gross merchandise value, total value of ​all goods sold through the marketplace, is ⁠now expected to grow 9% to 11% ​this year, compared with the previous forecast ​for 8% to 10% growth.

Analysts polled by the company, opens new tab had forecast yearly GMV growth of 9.1% to €51.63 billion ($60.17 billion) ​on average.

The company’s adjusted earnings before interest, ​taxes, depreciation and amortisation grew 3.9% to €427 million in the ‌first ⁠half of 2026, exceeding analysts’ estimate of €396 million.

Stronger-than-expected earnings suggest Delivery Hero was gaining operational momentum before Uber’s latest takeover approach in ​July.

“We delivered ​a strong ⁠first half, with a further acceleration of GMV growth, adjusted EBITDA ahead ​of expectations, and a significant step ​up ⁠in cash generation. This performance gives us confidence to raise our full-year guidance across all ⁠key ​metrics,” finance chief Marie-Anne Popp ​said in a statement.

($1 = 0.8580 euros)

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