Just Eat Takeaway.com reported earnings before interest of around 16 million euros for the whole of 2022, defying expectations for a large loss.
The Dutch company also forecast a higher-than-expected EBITDA of 225 million euros this year. The improved outlook helped lift shares as much as 15%.
Less than a year after acquiring U.S. rival Grubhub, Groen made a U-turn by putting it up for sale and writing down the value of the division by 3 billion euros.
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