Just Eat shares slip as delivery firm struggles to regain surging growth 

Firm, like other delivery companies, has struggled to return to the surging growth it saw during the covid lockdowns when restaurants were shut and more users were stuck at home

Just Eat said it was banking on strong growth in its key British and Irish markets, driven by simpler and more efficient delivery operations and higher food prices. 

Just Eat's better-than-expected adjusted earnings forecast for the year failed to impress as demand remained weak in the US.

The food delivery giant targeted gross transaction value growth at constant currency rates in the range of 2% to 6% in 2024, according to a statement, but the forecast excluded its business in North America, where the value of orders dropped 14% in 2023.