Delivery Hero revenues at over EUR 1 bn in the first half of 2020

Delivery Hero revenues increased significantly by 93.7% on a year-on-year basis to EUR 1,126.8 million in the first half of 2020.

After the easing of lockdowns and curfews in many countries during the second quarter, the company’s business activities resumed their growth trajectory.

In terms of profitability, gross profit was broadly stable year-on-year (EUR 167.2 million in H1 2020 compared to EUR 168.3 million).

The adjusted EBITDA margin in H1 2020 improved in each segment compared to the same period in 2019.

Delivery Hero expects continuous growth also in the second half of 2020.