Earnings release
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Amsterdam , 13 October 2021 Just Eat Takeaway.com Q3 2021 Trading Update Third quarter 2021 orders up 25 % ; GTV of € 6.8 billion Just Eat Takeaway.com N.V. ( LSE : JET , AMS : TKWY , NASDAQ : GRUB ) , hereinafter the " Company " or together with its group companies , " Just Eat Takeaway.com " , one of the world's largest online food delivery marketplaces , hereby issues a trading update for the third quarter of 2021 . Statement of Jitse Groen , CEO of Just Eat Takeaway.com : " With most of the world returning to pre - pandemic life , our growth in the third quarter of 2021 has remained strong . Just Eat Takeaway.com is well - positioned for autumn and winter , our traditional growth season . We look forward to updating the market on the exciting opportunities for long - term growth across our business during our Capital Markets Day on 21 October . " ● ● JUST EAT Takeaway.com ● ● ● Just Eat Takeaway.com processed 266 million orders in the third quarter of 2021 , representing a 25 % increase compared with the same period of 2020. GTV amounted to € 6.8 billion in the third quarter of 2021 , up 23 % compared with the same period of 2020 . The investment programme in the UK continued to drive sustainable network effects . Just Eat in the UK reached more than 200 million orders in the first nine months of 2021 , up 51 % in the third quarter of 2021 compared with the same period last year . Just Eat UK surpassed the one billion orders milestone since its foundation , demonstrating its enormous scale and longevity . In the US , orders in the third quarter of 2021 increased 3 % compared with the same period last year . Management started to implement an improvement programme re - focusing the Company on Grubhub's strongholds . Germany was the second fastest - growing segment adding 10 million incremental orders in the quarter compared with the prior year , representing 35 % order growth , demonstrating the strength of the brand . On 1 October 2021 , the acquisition of the Slovakian market leader Bistro.sk was completed . Bistro.sk will adopt the Company's global brand identity . As previously announced , Matt Maloney has decided to step down as member of the Company's management board , effective 1 December 2021 . Management reiterates its guidance for the full year 2021 : O Order growth ( excl . Grubhub ) above 45 % year - on - year ; O GTV ( incl . Grubhub on a combined basis¹ ) expected to be in a range of € 28 to € 30 billion ; Adjusted EBITDA margin ( incl . Grubhub on a combined basis¹ ) in a range of minus 1 % and minus 1.5 % of GTV . The Company will be hosting a virtual capital markets day through a live webcast scheduled to begin at 13:00 CET ( 12:00 GMT / 7:00 EDT ) on 21 October 2021 to provide the market with further details on its strategy and increased visibility on how the Company will capitalise on the exciting , long - term growth and profit opportunities across its business . Investors and analysts are invited to register in advance at : https://channel.royalcast.com/landingpage/takeawayinvestors/20211021 1 / O 1 The Grubhub business was consolidated from 15 June 2021 , and the Just Eat business was consolidated from 15 April 2020. These figures are presented as if the combination was completed on 1 January 2020 to provide comparable information for the full six months period . These numbers are unaudited . 1