Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. HelloFresh SE
  6. News
  7. Summary
    HFG   DE000A161408

HELLOFRESH SE

(HFG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

HelloFresh to double investments in 2022 as stock dives

12/08/2021 | 10:27am EST

BERLIN (Reuters) - German meal-kit operator HelloFresh plans to double its investments in production capacity, infrastructure and product development to about 450 - 550 million euros ($508.73 million to $621.78 million) in the coming year.

Speaking at HelloFresh's Capital Markets Day on Wednesday, CEO Dominik Richter said the company was responding to changes in consumer behaviour as more people work from home due to the pandemic.

To further grow its customer base, HelloFresh said it would be expanding into two to three new countries next year and would offer its HelloFresh Markets service in four more countries.

The company's shares dipped to nearly 10% at times on Wednesday after its adjusted EBITDA guidance missed expectations.

HelloFresh said on Tuesday it expects an adjusted EBITDA between 500-580 million euros in 2022, while revenue rising 20-26%.

($1 = 0.8846 euros)

(Writing by Miranda Murray; Editing by Riham Alkousaa)


ę Reuters 2021
All news about HELLOFRESH SE
01/24DISCLOSURE OF SHARE BUY-BACKS IN ACC : 2nd Interim Report
EQ
01/21Pandemic stock winners now losers as WFH ends
RE
01/21Pandemic darlings face the boot as investors eye return to normal life
RE
01/21HELLOFRESH : Barclays reiterates its Buy rating
MD
01/20HELLOFRESH : Barclays gives a Buy rating
MD
01/20HELLOFRESH : Buy rating from Credit Suisse
MD
01/19HELLOFRESH : DZ Bank takes a positive view
MD
01/17DISCLOSURE OF SHARE BUY-BACKS IN ACC : 1st Interim Report
EQ
01/17HELLOFRESH SE : Notification and public disclosure of transactions by persons
EQ
01/14HELLOFRESH : JP Morgan reiterates its Neutral rating
MD
More news
Analyst Recommendations on HELLOFRESH SE
More recommendations
Financials
Sales 2021 5 826 M 6 588 M 6 588 M
Net income 2021 290 M 328 M 328 M
Net cash 2021 641 M 724 M 724 M
P/E ratio 2021 32,4x
Yield 2021 -
Capitalization 9 203 M 10 411 M 10 406 M
EV / Sales 2021 1,47x
EV / Sales 2022 1,17x
Nbr of Employees 6 432
Free-Float -
Chart HELLOFRESH SE
Duration : Period :
HelloFresh SE Technical Analysis Chart | HFG | DE000A161408 | MarketScreener
Technical analysis trends HELLOFRESH SE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 53,00 €
Average target price 88,00 €
Spread / Average Target 66,0%
EPS Revisions
Managers and Directors
Dominik S. Richter Chief Executive Officer
Christian Gńrtner Chief Financial Officer
Jeffrey Lieberman Chairman-Supervisory Board
Thomas W. Griesel Chief Operating Officer & CEO-International
Ursula Radeke-Pietsch Deputy Chairman-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
HELLOFRESH SE-21.53%10 411
WALMART INC.-3.10%388 870
SYSCO CORPORATION-1.76%39 685
THE KROGER CO.3.67%34 498
AHOLD DELHAIZE N.V.-5.54%33 454
WOOLWORTHS GROUP LIMITED-8.58%30 218