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DROOF / Deliveroo - how much will slowing takeaway sales affect year-end update?

Deliveroo PLC (LSE:ROO) will provide a fourth-quarter trading update next Thursday where investors will hope it found a way to mitigate slower growth as industry research indicates a decrease in food deliveries last year. For the wider UK delivery industry, sales in November were down 1% compared to a year earlier, research by CGA showed, which was the 12th month in a row that the delivery sector sales were down year-on-year as demand levels out following the pandemic surge. Read More

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Posted: Jan 13 2023, 06:37

Author Name: Proactive Investors

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