Deliveroo (LON: ROO) shares edged around 1.2% higher on Thursday after the food delivery platform reported accelerating order growth and reaffirmed its full-year guidance.
In a trading update for the first quarter of 2025, Deliveroo posted a 9% year-on-year rise in gross transaction value (GTV) on a constant currency basis.
Meanwhile, orders increased by 7%, building on the momentum seen in Q4 2024. GTV per order rose by 2%.
Growth was said to have been consistent across both the UK and Ireland (UKI) and international markets.
In the UKI, Deliveroo said order growth improved to 7%, with GTV also up 9%.
Internationally, the company stated that orders rose 7%, supported by strong performances in the UAE and Italy, although France remained soft.
Furthermore, Deliveroo’s revenue climbed 8% to £518 million, despite a 40-basis-point year-on-year decline in the revenue take rate to 27.7% due to ongoing investment in Deliveroo’s consumer value proposition.
“We made good strides in both UKI and International and this improvement is a reflection of our relentless focus on enhancing our customer value proposition,” said founder and CEO Will Shu.
“We continue to have confidence in delivering our guidance for 2025 whilst, like many others, remaining mindful of the uncertain macroeconomic environment.”
Deliveroo reiterated its 2025 outlook, guiding for high single-digit GTV growth and adjusted EBITDA in the £170–190 million range.
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