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Search resuls for: "Dominik Richter"


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HelloFresh becomes buyout amuse-bouche
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +2 min
Vegetable and chillies are seen at the vegetable market in Jakarta, Indonesia, June 2, 2017. REUTERS/Beawiharta Acquire Licensing RightsLONDON, Nov 16 (Reuters Breakingviews) - HelloFresh (HFGG.DE) could be a guinea pig for food delivery buyouts. That’s mainly because one of its meal-prep sites faced water supply problems, and a slowdown in new customers in the United States. Assume a buyout group were to pay a 30% premium to the company’s market value, implying an enterprise value of 3.6 billion euros. For a buyout group, that’s food for thought.
Persons: Dominik Richter, Karen Kwok, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, X, Alstom, Thomson Locations: Jakarta, Indonesia, United States, China
HelloFresh shares drop as profit outlook disappoints
  + stars: | 2023-03-07 | by ( Linda Pasquini | ) www.reuters.com   time to read: +3 min
Germany's HelloFresh sees adjusted core profit (AEBITDA) of between 460 million and 540 million euros ($492 million and $577 million) in 2023, compared with analysts' estimate of 547 million euros. He said HelloFresh was not planning any lay-offs at the moment, and refrained from giving an update on the mid-term outlook. HelloFresh expects its revenue to grow 2% to 10% on a constant-currency basis this year, compared with growth of 18% in 2022. The company also forecast "relatively muted" order growth for 2023. HelloFresh reported annual AEBITDA of 477.4 million euros, above the 464.5 million euros expected by analysts.
Charlotte Pallua and Estelle Merle studied at Harvard and had successful corporate careers. "You can make more of a difference as a founder," Merle said. a small to medium-sized company, can use directly with just a few clicks. "We see ourselves as an enabler for retailers and as a supporter of medium-sized companies," Pallua explained. But we think it will actually be most helpful for small and medium-sized businesses," said Estelle Merle.
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