Latest news with #takeaway
The Independent
3 hours ago
- Business
- The Independent
Just Eat profits dip following fewer takeaway orders
Just Eat has revealed a dip in sales for the current year, indicating that annual earnings for the takeaway giant could be lower than previously thought. The news emerges as the Dutch food delivery firm awaits approval for its €4.1 billion (£3.6 billion) acquisition. For the first half of 2025, total revenues stood at €1.75 billion (£1.51 billion), a slight dip from the €1.78 billion (£1.54 billion) recorded a year prior. Just Eat said there had been a lower volume of orders, but that this had been partially offset by it earning more money from orders and advertising revenues. Gross transaction value (GTV) – the total value of transactions – grew 2 per cent year-on-year, excluding non-European operations. Positively, the UK and Ireland markets saw GTV increase by 3 per cent. Adjusted earnings in these regions, before tax, interest, and other costs, also jumped by a third. The company's financial outlook remains under review as it progresses towards its proposed takeover. However, Just Eat told investors it was expecting GTV and adjusted earnings to be 'at the lower end' of the range forecast by analysts for 2025. GTV is set to grow by between 4 per cent and 8 per cent over the year while earnings are forecast to come in between 360 million euros (£311 million) and 380 million euros (£329 million). Meanwhile, Just Eat has agreed to be taken over by South African -owned firm Prosus, which is an investor in German rival Delivery Hero. The two firms reached a deal earlier this year but shareholders have been given until October to accept the offer while it comes under review by European regulators. Just Eat needs clearance from the European Commission for the tie-up to proceed, with the body expected to give its decision by August 11. When the deal was announced, the firms said Just Eat would continue to be based in Amsterdam under its current name and would maintain its key brands. Prosus said it would be the fourth largest food delivery group in the world following the takeover. Jitse Groen, Just Eat's chief executive and founder, said on Wednesday: 'We see good progress in the expansion of our delivery network and have ramped up our marketing efforts, which we believe are necessary investments to support future growth.'
The Independent
5 hours ago
- Business
- The Independent
Just Eat sales dip as it warns yearly earnings to be at ‘lower end' of forecasts
Just Eat has revealed a dip in sales this year and said annual earnings could be lower than previously thought, as the takeaway giant awaits approval after agreeing to be bought for 4.1 billion euros (£3.6 billion). The Dutch food delivery firm said it made total revenues of 1.75 billion euros (£1.51 billion) over the first half of 2025. This was slightly lower than the 1.78 billion euros (£1.54 billion) generated over the same period a year ago. Gross transaction value (GTV) – an industry metric for the total value of transactions on platforms, including things like delivery costs – grew by 2% year on year, excluding its operations outside Europe. Just Eat said there had been a lower volume of orders, but that this had been partially offset by it earning more money from orders and advertising revenues. In the UK and Ireland, GTV increased by 3% while its adjusted earnings, before tax, interest and other costs, jumped by a third compared with last year. However, Just Eat told investors it was expecting GTV and adjusted earnings to be 'at the lower end' of the range forecast by analysts for 2025. GTV is set to grow by between 4% and 8% over the year while earnings are forecast to come in between 360 million euros (£311 million) and 380 million euros (£329 million). Meanwhile, Just Eat has agreed to be taken over by South African-owned firm Prosus, which is an investor in German rival Delivery Hero. The two firms reached a deal earlier this year but shareholders have been given until October to accept the offer while it comes under review by European regulators. Just Eat needs clearance from the European Commission for the tie-up to proceed, with the body expected to give its decision by August 11. When the deal was announced, the firms said Just Eat would continue to be based in Amsterdam under its current name and would maintain its key brands. Prosus said it would be the fourth largest food delivery group in the world following the takeover. Jitse Groen, Just Eat's chief executive and founder, said on Wednesday: 'We see good progress in the expansion of our delivery network and have ramped up our marketing efforts, which we believe are necessary investments to support future growth.'
Yahoo
2 days ago
- Business
- Yahoo
Popular takeaway spot in Old Town closed
A popular takeaway joint in Old Town, Swindon, has closed for a few weeks. 'Best Fish and Chips' will be closed for three weeks due to the staff going on holiday until August. The shop, located on Victoria Road, is a go-to for Old Town residents. Best Fish and Chips is a five-star hygiene rated food spot and has a 3.9 star rating on Google. The store offers in-store takeaway and they delivery up to a four-mile radius. with a large menu to select from. The menu consists of kebabs, Turkish pizzas, pies and a bundle of desserts to choose from. When the shop reopens, the opening times are 11am until 10pm, Monday to Sunday. The closure began on July 22 and they will reopen on Wednesday, August 13.
Yahoo
3 days ago
- Business
- Yahoo
'If we can't it eat, it's not good enough,' says thriving Derby takeaway
The man behind a popular takeaway has spoken out about life behind the counter as they continue to move from strength to strength after more than 20 years in the same Derby street. Keeping with tradition seems to be the way forward for the team at Cavendish Kebabs at Stenson Road in Normanton, which opened its doors in 2005. The owner, who is known to most as just Kami, had spent a period of time working at 3 Chefs in Chaddesden, another prized Derbyshire takeaway, before realising he wanted to open a place of his own. "I've been in the industry since I was just 15, and my older brothers and family have also been in the business since they were just children as well," Kami said. "Working at 3 Chefs was great. The owner Sunny is like an older brother to me, and he started pushing me, showing me the ropes, and giving me the tools I needed to open my own place. So when we opened Cavendish, I knew I had to put everything into it to make it the best it could be." READ MORE: The longstanding Chaddesden takeaway where customers ask the boss to put the prices up READ MORE: Dozens of arts, crafts, food and drink stalls set for Denby Pottery Village event this weekend Cavendish remains traditional to what you'd expect in a classic British takeaway, with pizzas, kebabs, curries and burgers all in abundance, something Kami says is a major factor in Cavendish's success. "We've noticed a change in the way a lot of people do things," Kami added. "Nowadays, you see a lot of places do things like smash burgers and all these fancy dirty fries, which is fine, but we like to keep things traditional. Our customers who have visited us for years still love our food, so why change it? "We are always happy to here feedback if customers aren't happy, these things happen, but we always act on these things and make sure the customer is sorted out afterwards. At the end of the day, if we wouldn't eat the food, then it's not worth serving. "We are also the only place in Derby to stock authentic tubs of Mr Tee ice cream and desserts, which are a huge success, and it's far better than what you can get anywhere else in the city - but we also do old school puddings like chocolate fudge cakes and jam rolly polly." Cavendish Kebabs is one of three Derby takeaways to be on the shortlist for our inaugural Derbyshire Dines awards in the 'best takeaway' category. The Stenson Road site joins McTurk Kebabs in Derby city centre and 3 Chefs in Chaddesden to make the final three. Voting will close at midday on July 31. You can vote near the bottom of this article. Speaking on being named among the best in the county, Kami said: "It's just something I can't put into words, I'm so proud to have been voted as one of the best in the county. We don't even need to win, I'm just so grateful to be named. "Things like this show that you are doing something right. All those years putting everything into the business, all the bad days where things didn't go well, it's all worth it when we get recognised like this. "I feel like I'm the kind of person who never wins anything, so this is really special to me. But it's more than just about me, we have a brilliant team of staff who work so hard, and our customers have played a huge part in appreciating what we do and always coming back for more - a special thank you to them, without them it wouldn't be possible." You can vote for your favourite now from our shortlist using the form below. Votes left in the comments on social media or on our website will not be counted. The shortlist for the Best Takeaway category is: McTurk Kebabs, Morledge Cavendish Kebabs, Stenson Road Three Chefs Original, Chaddesden We will soon be revealing the winners for county's best cafe, restaurant and takeaway. Voting will close at midday on July 31.
Yahoo
7 days ago
- Business
- Yahoo
Inside popular Glasgow chippy that's hit the market for £20k
A popular fish and chip shop has been put up for sale, described as a "fantastic opportunity" for prospective buyers. Hook'd Fish & Chips, also known locally as Ferry Fryer, is located on Dumbarton Road in Yoker and has been listed for sale at £20,000. The business is being marketed by Smith and Clough Business Associates, who describe it as a "long-established" takeaway situated in a "prominent trading position". (Image: READ MORE: Price slashed on Glasgow business for sale as owners to retire after 18 years They noted that the premises have been recently refurbished to a high standard, making it an ideal opportunity for either a first-time buyer or an experienced operator looking to expand. The current owners, who are not in the fish and chip trade themselves, purchased the property as an investment and have since overseen an extensive renovation. The shop is now described as being in "walk-in condition" and ready for immediate operation. (Image: READ MORE: 'Award-winning' Glasgow retailer established 75 years ago up for sale The property is being offered on a leasehold basis, with an initial annual rent of £23,400. The lease is a fully repairing and insuring (FRI) agreement, with terms and duration open to negotiation. Security features include an electric roller shutter and a multi-camera CCTV system. Internally, the shop has been fitted to a high standard, with bright, modern interiors and a spacious layout. (Image: READ MORE: Price slashed on pub for sale near Glasgow's Celtic Park There is a comfortable customer waiting area at the front, complemented by a large, custom-built counter and servery that runs the full length of the premises. The servery features a three-pan Preston and Thomas frying range, with additional amenities including gantry shelving, menu boards, stainless steel prep areas, and a full EPOS till system. The equipment list also includes soup kettles, a double drinks fridge, multiple fridges and freezers, and a microwave, all contributing to a fully equipped, turn-key business.
