Just Eat serves healthy increase in sales over summer months

Takeaway meal website saw 56% increase in sales in the summer months

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The Independent Online

Takeaway meals-ordering website Just Eat has posted a healthy 56 per cent rise in sales in the summer months from July to September.

This included orders through its French site Alloresto, where it recently upped its stake to 80 per cent. Underlying orders in the UK rose by 51 per cent.

That was compared against the July heatwave of 2013, which severely knocked orders, and the firm said that it looked forward to the key colder winter months with confidence.

 Chief executive David Buttress said: “I am very pleased with our performance over the summer, a period when even more consumers have enjoyed the benefits of our online marketplace for takeaway food, particularly via their mobile devices.

“We are in an excellent position as we enter the important winter period and remain confident for the full year,” he added.

Just Eat floated on the stock market at 260p a share exactly seven months ago. Investors have had a roller-coaster ride, with the shares falling as low as 187p and as high as 325p.

Today they were unmoved at 308p.