DGAP-Adhoc: Transport Hero SE expects its food transport commerce to smash even at some stage within the 2d half of of 2022

DGAP-Ad-hoc: Transport Hero SE / Key observe(s): Forecast

Transport Hero SE expects its food transport commerce to smash even at some stage within the 2d half of of 2022

10-Jan-2022 / 22: 20 CET/CEST

Disclosure of an interior recordsdata acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a carrier of EQS Neighborhood AG.

The issuer is solely to blame for the announce of this announcement.

Public disclosure of interior recordsdata in accordance to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation – MAR)

Transport Hero SE expects its food transport commerce to smash even at some stage within the 2d half of of 2022

Berlin, 10 January 2022 – In line with the most recent review of the monetary recordsdata, including the sizzling acquisition of GlovoApp23, S.L. („Glovo“), Transport Hero SE („Transport Hero“ or the „Company“, ISIN: DE000A2E4K43, Frankfurt Stock Substitute: DHER) announces that it expects its food transport commerce to smash even at some stage within the 2d half of of 2022 and to generate between EUR 0 and 100 million in adjusted EBITDA within the fourth quarter of 2022, while investments associated to its quick commerce commerce are predicted to top within the first quarter of 2022 and continuously decline thereafter. Transport Hero reconfirms its long-term adjusted EBITDA/GMV margin goal of 5-8% on a bunch level.

This outlook takes into tale the acquisition of extra shares in Glovo, a pioneering multi-class transport app and one in every of the arena’s main transport companies, presented on December 31, 2021, that will consequence in Transport Hero holding approx. 83% in Glovo, on a non-diluted foundation.

Referring to the definition of the numerous efficiency measures, adjusted EBITDA and GMV, apart from to associated recordsdata, the Company refers again to the corresponding definition in its 2020 Annual Report, which has been revealed on the Company’s websites.

Responsible person for this newsletter:

Christoph Bast

Head of Investor Family

Investor Family Press

Christoph Bast

Head of Investor Family


Kingsum Li

Company & Monetary Communications



This birth would possibly well additionally own ahead looking statements, estimates, opinions and projections with recognize to anticipated future efficiency of Transport Hero SE („ahead-looking statements“). These ahead-looking statements would possibly well additionally additionally be identified through ahead-looking terminology, including the phrases „believes,“ „estimates,“ „anticipates,“ „expects,“ „intends,“ „would possibly well additionally,“ „will“ or „would possibly well additionally calm“ or, in every case, their negative, or other variations or associated terminology. These ahead-looking statements encompass all matters that are no longer historical info. Forward-looking statements are in accordance to the sizzling views, expectations and assumptions of the administration of Transport Hero SE and involve essential known and unknown risks and uncertainties that would possibly well additionally self-discipline off steady outcomes, efficiency or events to alter materially from those expressed or implied in such statements. Forward-looking statements would possibly well additionally calm no longer be read as ensures of future efficiency or outcomes and would possibly well additionally no longer basically be dazzling indications of whether or no longer such outcomes will be completed. Any ahead-looking statements included herein highest converse as at the date of this birth. We undertake no obligation, and enact no longer request to publicly update, or publicly revise, any of the records, ahead-looking statements or the conclusions contained herein or to mediate new events or conditions or to correct any inaccuracies which can additionally change into apparent subsequent to the date hereof, whether due to new recordsdata, future events or otherwise. We settle for no prison responsibility whatsoever in recognize of the fulfillment of such ahead-looking statements and assumptions.

10-Jan-2022 CET/CEST The DGAP Distribution Products and services encompass Regulatory Bulletins, Monetary/Company News and Press Releases.

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