Just Eat share price jumps on FY order update

on Jan 14, 2015
Updated: Oct 21, 2019

Shares in Just Eat Plc (LON:JE) have climbed more than two percent in London this morning after the company released its full-year order update.

**Highlights from Just Eat’s statement:**
· Total Orders for the 12 months to 31 December 2014 increased by 52% compared to the same period in 2013. This figure includes the benefit of consolidating the orders from our French business (Alloresto.fr) from July 2014 but excludes any Brazilian orders from November 2014 onwards when that business became an associate.
· On a like for like basis (i.e. excluding orders in both years for countries where there has been a change in the basis of consolidation) JUST EAT’s orders increased by 50% in the full year compared to the same period in 2013.

· This continued excellent performance across all markets has been driven by JUST EAT’s ongoing investment in marketing, staff, technology and new products supported by strong underlying momentum in the channel shift to consumers ordering takeaway on mobile devices and online.

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David Buttress, CEO, commented:
“I am delighted with our continued growth in 2014 which provides an excellent base for further development of all our businesses. We enter 2015 with confidence and we will continue to invest to give consumers more reasons to order their takeaway favourites through JUST EAT’s online and mobile platforms.”
As of 08:15 GMT, Wednesday, 14 January, Just Eat PLC share price is 332.05p.


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