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Evening Standard
Evening Standard
Business
Simon Hunt

Deliveroo shares jump as it posts first ever profit

Deliveroo today reported its first ever profit in a major milestone for the London-based business three years after its troubled IPO.

The firm’s interim results showed a small profit of £1.3 million for the first six months of 2024, turning round a first-half loss of £82.9 million for the previous year, as well as its first period of cash flow positivity.

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