Joseph Barnet-Lamb's questions to Just Eat Takeaway.com (TKAYF) leadership • Q4 2021
Question
Joseph Barnet-Lamb of Credit Suisse Securities (Europe) Ltd. asked if the January run-rate adjusted EBITDA, which is on track for guidance, implies that the company can hit its targets while potentially increasing investment throughout the year.
Answer
CEO Jitse Groen confirmed this is their standard operating model. He explained that the company uses profits from its established marketplace business to fund growth and improve efficiency in its delivery network. He noted this strategy was accelerated during the pandemic to capture growth and will continue.