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Delivery Hero CFO: confident we have taken correct decisions to become profitable

Published 08/16/2022, 06:35 AM
Updated 08/16/2022, 06:42 AM
© Reuters. FILE PHOTO: The Delivery Hero's logo is pictured at its headquarters in Berlin, Germany, August 18, 2020. REUTERS/Fabrizio Bensch

BERLIN (Reuters) - Delivery Hero is confident it has taken the correct decisions to reach profitability, said the German online food delivery company's chief financial officer on Tuesday.

© Reuters. FILE PHOTO: The Delivery Hero's logo is pictured at its headquarters in Berlin, Germany, August 18, 2020. REUTERS/Fabrizio Bensch

"Our decisions are paying off," CFO Emmanuel Thomassin told Reuters after the company forecast 7% growth on the quarter in its third-quarter gross merchandise value (GMV).

Thomassin, who said that the company is likely the fastest-growing in the food delivery sector, added that Delivery Hero will probably close some of its warehouse locations in the second half.

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