Deliveroo returns to profit in H1 amid ‘encouraging’ consumer behaviour
As well as improved consumer behaviour, the company’s performance was driven by strong growth in grocery, which reached 14% of group GTV in H1
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Deliveroo has returned to profit following a strong performance in H1, as profits hit £1.3m for the period, up from a loss of £82.9m the prior year, as improved consumer retention and growing retail partnerships boosted sales.