Delivery Hero SE (XTER:DHER)
€ 25.32 0.08 (0.32%) Market Cap: 6.74 Bil Enterprise Value: 10.72 Bil PE Ratio: 0 PB Ratio: 4.01 GF Score: 70/100

Q1 2020 Delivery Hero SE Earnings Call Transcript

Apr 28, 2020 / 08:00AM GMT
Release Date Price: €78.44 (+3.24%)
Operator

Dear ladies and gentlemen, welcome to the conference call of Delivery Hero. At our customer's request, this conference will be recorded. (Operator Instructions)

May I now hand you over to Niklas Ãstberg, Founder and CEO of Delivery Hero SE, who will lead you through the conference. Please go ahead, sir.

L. Niklas Ã;stberg
Delivery Hero SE - Co-Founder, MD, CEO & Chairman of the Management Board

Good morning, everyone. Hope you are safe and healthy. And now looking forward to sharing our Q1 trading update.

We had a fantastic development in Q1, which took a bit of a hit towards the end of the quarter. Despite some initial negative impact from COVID-19, we grew orders with 92%. Now we're back on track again or even ahead of pre-COVID levels in almost all markets. Later on, we will speak more on how COVID-19 has impacted the way we operate and what measures we took for the safety of our customers, rider, restaurants and employees.

Now moving to the next slide. Never before has our vision been more real. We always

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