JUST EAT plc 2016 Full Year Order Update (7301T)

TIDMJE.

RNS Number : 7301T

JUST EAT plc

10 January 2017

10 January 2017

Just Eat plc

("JUST EAT", the "Company" or the "Group")

2016 Full Year Order Update

Just Eat plc (LSE: JE.), a leading global marketplace for online food delivery, issues the following order update for the twelve months to 31 December 2016 ("Full Year").

 
     2016             Full Year 
--------------  --------------------- 
 Order growth    Reported(1)   LFL(2) 
--------------  ------------  ------- 
     Group           42%        36% 
--------------  ------------  ------- 
      UK                 31% 
--------------  --------------------- 
 

David Buttress, CEO, commented:

"Just Eat's reported order growth puts us in a strong position to deliver full year results in line with our previous financial guidance. We enter 2017 with continuing confidence in the business."

Just Eat is scheduled to report 2016 full year results on 7 March 2017.

--- END ---

 
 Enquiries: 
 Just Eat                        [phone] 
 David Buttress, CEO 
 Paul Harrison, CFO 
 Adam Kay, Head of Investor 
  Relations 
 
 Brunswick Group LLP             [phone] 
 Sarah West, David Litterick, 
  Chris Buscombe 
 

Forward looking statements:

This announcement includes statements that are, or may be deemed to be, "forward-looking statements". By their nature, forward-looking statements involve risk and uncertainty since they relate to future events and circumstances. Actual results may, and often do, differ materially from any forward-looking statements. Any forward-looking statements in this announcement reflect management's view with respect to future events as at the date of this announcement. Save as required by law or by the Listing Rules of the UK Listing Authority, the Company undertakes no obligation to publicly revise any forward-looking statements in this announcement following any change in its expectations or to reflect events or circumstances after the date of this announcement.

About Just Eat:

Just Eat plc operates a leading global marketplace for online food delivery. Headquartered in London, we use proprietary technology to offer a quick and efficient digital ordering service for over 17 million users and over 67,000 restaurant partners. Just Eat is a member of the FTSE 250 Index.

(1) Orders from our Mexico and Australia businesses are included from their dates of acquisition, in February 2015 and mid-June 2015 respectively.

(2) Like-for-like growth excludes orders in the current and comparable periods from Mexico, Australia and our Benelux business, which was sold on 2 August 2016.

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

January 10, 2017 02:00 ET (07:00 GMT)