Just Eat Takeaway, the prominent entity encompassing Thuisbezorgd.nl, faced a nuanced landscape in its first-quarter performance, marked by a dip in overall order volumes compared to the preceding year. With a decrease of 6 percent, totaling over 214 million orders, the company navigated through shifting consumer behaviors and market dynamics.
Across different geographical regions, the trends varied. In Northern Europe, there was a modest decline of 1 percent in orders compared to the corresponding period last year, reflecting a stable but slightly subdued demand. Meanwhile, in the United Kingdom and Ireland, Just Eat Takeaway witnessed a noteworthy uptick in the total value of meal orders, soaring by 11 percent. Similarly, in North America, the company experienced a modest growth of 3 percent, showcasing resilience in a competitive market landscape.
Despite the overall decline in orders, CEO Jitse Groen expressed contentment, emphasizing the positive outcomes stemming from the company’s strategic investments. Groen remarked, “We are pleased to see that the investments in our company are yielding results, and we look forward to the remainder of the year.” This optimism underscores the company’s confidence in its ability to adapt and thrive amidst evolving market conditions.