Get the app today! Download iPhone App Download Android App

HelloFresh Gearing Up For Life After COVID, Following A Bumper Year

Published on Mar 2 2021 11:59 AM in Technology tagged: Featured Post / Trending Posts / Online / HelloFresh / Meal Kits / Paywall

HelloFresh Gearing Up For Life After COVID, Following A Bumper Year

Meal-kit firm HelloFresh said that it expects consumers to 'continue to rely on e-commerce solutions to shop for food' even after the COVID-19 pandemic subsides, as it reported a more than doubling of sales during full-year 2020.

The German firm, which was undoubtedly one of the big winners of lockdown, saw sales rise 111% on a constant currency basis to €3.75 billion las year, while adjusted EBITDA grew more than tenfold year-on-year, to €505.2 million.

HelloFresh said that it delivered more than 600 million meals to customers around the world last year, and boasted 5.3 million active customers as of the end of Q4, which was its strongest quarter to date.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share via Email