Online delivery platform Deliveroo has made “real progress” in its key UK market, according to analysts.
Execution has been “positive,” there has been a meaningful transition to positive adjusted earnings, and the balance sheet remains robust, analysts at stockbrokers Davy said in a note following annual results from Deliveroo. “Deliveroo has demonstrably stayed in the game and seems well placed to be a meaningful player in the UK,” David Reynolds, Alex Short, James Musker, and ...