Just Eat sees number of takeaway orders fall as customers return to restaurants

Published on: October 18, 2023

By City & Finance Reporter for the Daily Mail

Updated: 22:01 BST, 18 October 2023

Food deliveries have fallen at Just Eat Takeaway as customers return to restaurants.

Orders at the takeaway platform totalled 235.3million in the three months to the end of September – down 7 per cent on a year earlier.

The industry boomed during lockdowns but firms including Just Eat have now been adjusting to Brits dining out more.

Rising living costs have also bitten into consumers’ spending this year, with the number of orders in the UK and Ireland dropping 3 per cent.

Slowdown: Orders at takeaway platform Just Eat totalled 235.3m in the three months to the end of September - down 7% on a year earlier

Slowdown: Orders at takeaway platform Just Eat totalled 235.3m in the three months to the end of September – down 7% on a year earlier

The value of orders also dropped 7 per cent to £6billion.

But Just Eat upped its profits expectations to around £269million from a previous steer of £239million.

Chief executive Jitse Groen said there was a ‘particular strong momentum’ in its Northern Europe and UK and Ireland arms.

He added: ‘Within the UK and Ireland we continue to invest significantly whilst at the same time increasing profitability.’

Shares fell 3 per cent, or 31p, to 1008p, taking losses since the Covid peak in October 2020 to almost 90 per cent.