BusinessFood and Drink

Deliveroo lowers FY22 guidance amid consumer headwinds

Q2 2022 saw growth in orders of 3% year-on-year, while GTV per order reduced ‘slightly’ year-on-year, as basket sizes were elevated during lockdowns for part of Q2 FY21

Deliveroo has lowered its gross transaction value (GTV) guidance for FY22 from 15–25% to 4–12% due to a “more cautious” economic outlook and increased consumer headwinds.

Meanwhile, the company continues to expect FY22 adjusted EBITDA margin to be in the range of -1.

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