DLVHF - Delivery Hero: Profitability Is Near But Some Segments May Hurt It

2024-02-13 18:39:18 ET

Summary

• After Just Eat Takeaway.com and Deliveroo, Delivery Hero is the third and final European-based food delivery company covered in this analysis.
• Asia MENA and Americas segments are performing well but are hurt by the Europe and Integrated Verticals segment, which weigh heavily on group profitability.
• The balance sheet is weaker than the other two companies and significantly increases the risk of an investment in this company, which could run into trouble during a recession.

Introduction

This is the last article in my series that began three weeks ago with the analysis of Just Eat Takeaway.com and Deliveroo . Delivery Hero SE ( OTCPK:DLVHF ) is the last remaining European food delivery company to be analyzed, and given the similarity to the companies analyzed previously, I will avoid repeating topics already covered in depth in the other articles....

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