Delivery Hero Se · XETR:DHER
Delivery Hero — Q1 2018 Earnings Presentation
17 slides from Delivery Hero's earnings presentation, May 9, 2018
Slide 1: Q1 2018 Results
Q1 2018 Results May 9th, 2018 Delivery Hero AG. Q1 2018 Results Presentation. 1
Slide 2: Our Clear Vision
Our Clear Vision AMAZING FOOD AMAZING ORDERING Create an amazing takeaway AMAZING experience SERVICE Delivery Hero AG. Q1 2018 Results Presentation. 2
Slide 3: Q1 2018 Financial Highlights
Q1 2018 Financial Highlights 89m €1.2bn €171m 1 1 1,2 ORDERS GROSS MERCHANDISE REVENUES VALUE +48% Y-o-Y Growth +52% Y-o-Y Growth 3 +61% Y-o-Y Growth 3 1. Like-for-like, please refer to the “Definitions” slide. 2. Total segment revenues. 3. Growth rates are on a Constant Currency basis. Delivery Her
Slide 4: Continuous Track Record of Growth
Continuous Track Record of Growth Orders 1 GMV 1 Revenues 1,2 +52% Y-o-Y Growth +61% Y-o-Y Growth Constant Currency Basis Constant Currency Basis +48% Y-o-Y Growth +38% Y-o-Y Growth +47% Y-o-Y Growth 89 171 1,150 82 157 1,083 71 960 135 66 892 126 60 832 116 59 781 106 49 673 46 86 44 598 571 79 70
Slide 5: Q1 2018 Update
Q1 2018 Update • In Q1 we continue to see expansion of the overall food delivery opportunity • Logistics roll out in the MENA and Americas on plan • v Successful implementation of our rider shift planning solution ‘Rooster’ in all own-delivery operations • A number of small value accretive acquisiti
Slide 6: Group: Strong Performance across All Metrics
Group: Strong Performance across All Metrics Orders GMV Revenues 1 +52% Constant Currency Basis +38% • Order & GMV growth drivers +61% Constant Currency Basis • Continued channel shift 1,150 • Returning customers +47% • Build out of new cities 171 • Record quarterly take rate of 832 14.8% • Basket s
Slide 7: Europe: Solid Growth
Europe: Solid Growth Orders GMV Revenues • Order & GMV growth drivers • Continued channel shift +25% • Continued city expansion +28% Constant Currency Basis in key markets Constant Currency Basis • Continued positive trend in Germany in Q1’18 +25% +27% • Favourable weather and 59 public holiday timi
Slide 8: MENA: Strong Performance across All Markets
MENA: Strong Performance across All Markets Orders GMV Revenues +77% Constant Currency Basis +52% +122% • Order & GMV growth drivers Constant Currency Basis • Continued channel shift 440 +92% • Continued city expansion 57 • Take rate increased by 2.6 percentage points Y-o-Y mainly +60% due to own-de
Slide 9: Asia: Rapid Growth & Improvements in Key Markets
Asia: Rapid Growth & Improvements in Key Markets Orders GMV Revenues • Order & GMV growth drivers • Continued fast growth in South Korea +51% +53% Constant Currency Basis • Higher average order value due Constant Currency Basis to divestment of India +40% +42% • GMV and Revenues were affected by the
Slide 10: Americas: Rapid Development in Early Stage Markets
Americas: Rapid Development in Early Stage Markets Orders GMV Revenues • Order & GMV growth drivers • Continued city expansion • Take rate increased by 2.0 percentage points Y-o-Y mainly due to: • Own-delivery roll-out • Premium placement +51% +73% increase Constant Currency Basis Constant Currency
Slide 11: Outlook FY 2018
Outlook FY 2018 • Revenues Full Year 2018 guidance: €740 to €770m v • Adj. EBITDA Full Year 2018 guidance: -8% to -5% Delivery Hero AG. Q1 2018 Results Presentation. 11
Slide 12: We Remain on Track to Meet our IPO Guidance
We Remain on Track to Meet our IPO Guidance Guidance at IPO Status Growth as No.1 Priority • >40% in short & mid-term Q1 order and revenue growth of 48% and 61% (on a • >30% in the long-term v constant currency basis)v Developing ahead of plan with continued investment in Marketing, Product and
Slide 13: Q&A
Q&A Delivery Hero AG. Q1 2018 Results Presentation. 13
Slide 14: Appendix
APPENDIX Delivery Hero AG. Q1 2018 Results Presentation. 14
Slide 15: Financial Calendar 2018
Financial Calendar 2018 Date Event May 9th, 2018 Q1 Quarterly Statement 2018 Jun 6th, 2018 Annual General Meeting Sep 13th, 2018 Half-Year Report 2018 Nov 7th, 2018 Q3/9M Quarterly Statement 2018 Delivery Hero AG. Q1 2018 Results Presentation. 15
Slide 16: Definitions
Definitions • Gross Merchandise Value (GMV) is the total value of orders (including VAT) transmitted to restaurants. • “Like-for-like” figures include foodpanda and exclude the results of our disposed operations in the UK and India. The results of smaller acquisitions and disposals are not adjusted
Slide 17: Important Notice
Important Notice • ALL FINANCIAL FIGURES INCLUDED IN THE FOLLOWING PRESENTATION ARE BASED ON IFRS, UNLESS NOTED OTHERWISE. • For the purposes of this notice, “presentation” means this document, its contents or any part of it. This presentation does not, and is not intended to, constitute or form par