Just Eat lifts profit outlook after seeing growth in markets including Ireland

Just Eat reported 6% growth in Northern European gross transaction value (GTV), and a 4% increase in Ireland and Britain.

Following a boom in food deliveries during the pandemic, the sector is seeking to transition to a rational profitability model even as firms invest more in marketing to avert a churn in customers.

Just Eat Takeaway raised its annual core profit forecast after Europe's biggest meal delivery company returned to growth in Ireland, Britain and Northern Europe.

Following a boom in food deliveries during the pandemic, the sector is seeking to transition to a rational profitability model even as firms invest more in marketing to avert a churn in customers.