HelloFresh reports increased adjusted EBITDA for Q3 2024, raises FY outlook

From Nasdaq: 2024-10-29 02:32:32

HelloFresh SE reported an increase in adjusted EBITDA to 72.1 million euros for Q3 2024, driven by a focus on strong ROI on marketing spend. Quarterly revenues grew by 1.9% to 1.83 billion euros, with a 3.8% rise in average order value. The company raised its adjusted EBITDA outlook for FY 2024 to 360-400 million euros but lowered annual revenue growth outlook to 1-1.7%.

Overall, HelloFresh is seeing positive financial results and strategic adjustments for the future, balancing revenue growth and profitability. Visit rttnews.com for more earnings news and updates.



Read more at Nasdaq: HelloFresh Q3 Adj. EBITDA Increases – Quick Facts