Losses widen but sales soar at Deliveroo Irish arm

Losses widened by more than €1m at the Irish arm of online food delivery service Deliveroo last year, although the company’s revenues soared.

The newly-published first set of full-year accounts for Deliveroo Ireland Ltd show the business made a pre-tax loss of €2.44m in 2016.

Administration charges and cost of sales pushed that figure out from a loss of €1m in the company’s first 10 months trading in Ireland.