HelloFresh

EQS-News: HelloFresh SE reports €7.6bn consolidated revenue for the FY 2023 and returns to positive free cash flow

Retrieved on: 
Wednesday, April 10, 2024

In 2023 the HelloFresh Group delivered over 1bn meals to its customers in 18 countries.

Key Points: 
  • In 2023 the HelloFresh Group delivered over 1bn meals to its customers in 18 countries.
  • Revenue expansion was driven on the one hand by a strongly growing and profitable Ready-to-Eat (RTE) business, reaching €1.4 bn of revenue for FY 2023.
  • The AEBITDA of the HelloFresh Group in 2023 amounted to €448 million, in the middle of the revised outlook range provided in November 2023.
  • As a consequence, the Company returned to a positive free cash flow (FCF) of €78 million with Q4 2023 contributing meaningfully with €33 million.

Global Meal Kit Markets Report 2023-2024 & 2029 Featuring HelloFresh, Marley Spoon, Blue Apron, Home Chef, FreshDirect, Fresh N Lean, Green Chef, The Purple Carrot, Gousto, Sunbasket, Gobble, Dinnerly - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 27, 2024

In 2023, the global meal kit market was valued at US$17.44 billion, and is probable to reach US$38.81 billion by 2029.

Key Points: 
  • In 2023, the global meal kit market was valued at US$17.44 billion, and is probable to reach US$38.81 billion by 2029.
  • The global meal kit market value is projected to grow at a CAGR of 14.26%, during the forecast period of 2024-2029.
  • Hellofresh is the largest and most relevant player with ~50% of the global market share.
  • Moreover, online distribution channels allow meal kit companies to reach a broader audience, not limited by geographical boundaries, which aids in widening the potential customer base.

Betterworks Announces Inaugural EmpowerHR Europe Virtual Summit

Retrieved on: 
Thursday, March 14, 2024

Leading performance management software company Betterworks will debut the executive summary of its highly anticipated 2024 State of Performance Enablement Research Report at its upcoming EmpowerHR Europe virtual summit .

Key Points: 
  • Leading performance management software company Betterworks will debut the executive summary of its highly anticipated 2024 State of Performance Enablement Research Report at its upcoming EmpowerHR Europe virtual summit .
  • The dynamic virtual event, designed for European senior HR professionals and their teams, including HRIT, will take place on 21 March from 9 a.m. to 2 p.m. GMT.
  • Emceed by Hung Lee , the EmpowerHR Virtual Summit promises to be a high-energy, half-day event packed with insights, strategies, and tools aimed at driving transformative change, elevating HR functions, and enhancing careers.
  • Throughout the EmpowerHR Virtual Summit, HR professionals will learn about positioning themselves as strategic partners in their organizations, aligning HR initiatives with business objectives, and employing generative AI and data analytics to improve and accelerate decision-making around workforce planning, talent acquisition, intelligent performance management, and employee engagement.

Sounds Profitable Study Reveals Podcast Listeners Pay Greater Attention to Ads Than Other Media Consumers

Retrieved on: 
Thursday, April 4, 2024

BOSTON, April 4, 2024 /PRNewswire-PRWeb/ -- Sounds Profitable, the leading voice of significance for the digital audio industry, today announced the release of its latest report, The Ad Bargain: Attracting Consumer Attention in a Sea of Ads, a large consumer study of over 2,000 Americans 18+, weighted to the general population. Respondents were asked questions regarding their receptiveness, attentiveness, and overall attitude about advertising across a range of ad-supported media.

Key Points: 
  • Respondents were asked questions regarding their receptiveness, attentiveness, and overall attitude about advertising across a range of ad-supported media.
  • The results were clear across the board – podcast advertising leads the way in receptivity, attention, and, most importantly, effectiveness.
  • Podcast listeners pay more attention to ads than listeners of other media and are more likely to listen to ads all the way through on podcasts compared to other platforms tested.
  • Methodology: The Ad Bargain was sponsored by Wondery, Spreaker, Betterhelp, ESPN Podcasts, Libsyn Ads, SiriusXM Podcast Network, NPR, and Paramount in partnership with Sounds Profitable.

Fine Choice Foods Springs into US Marketplace, Rolls into Retail Locations Nationwide

Retrieved on: 
Wednesday, February 28, 2024

Fine Choice Foods, a leading producer of Asian-inspired foods throughout North America, today announced its line of fresh SUMM!

Key Points: 
  • Fine Choice Foods, a leading producer of Asian-inspired foods throughout North America, today announced its line of fresh SUMM!
  • retail packs are also now accessible via HelloFresh, the world's leading meal kit delivery service.
  • Founded as a small, family-owned store employing three people in Vancouver, BC, Fine Choice Foods is a market-leading producer of high-quality, fresh Asian-inspired foods specializing in spring rolls, gyoza dumplings and the original apple pie roll under the SUMM!
  • “Our expansion into the US retail market is a significant milestone as part of our long-term plan for growth,” said Jason Longden, CEO of Fine Choice Foods.

Cigna Healthcare and HelloFresh Team Up To Expand Access to Affordable, Healthy Meal Choices

Retrieved on: 
Tuesday, February 13, 2024

"Business leaders recognize that healthy employees mean a healthy business, and by expanding access to affordable, healthy meals, employers can better cultivate a stronger workforce," said Heather Dlugolenski, U.S. commercial strategy officer, Cigna Healthcare.

Key Points: 
  • "Business leaders recognize that healthy employees mean a healthy business, and by expanding access to affordable, healthy meals, employers can better cultivate a stronger workforce," said Heather Dlugolenski, U.S. commercial strategy officer, Cigna Healthcare.
  • "We're proud to team up with HelloFresh to support the health and vitality of America's workforce and to make a difference for communities in need."
  • Cigna Healthcare employer clients can choose from a variety of HelloFresh offerings with no minimum purchase amount.
  • Together with Cigna Healthcare, we're making HelloFresh meal kits even more accessible while working together to combat food insecurity in our local communities."

TraceGains Annual Together Conference Doubles in Size in 2024, Cements Status As Key Event for Global Food and Beverage Industry

Retrieved on: 
Wednesday, February 7, 2024

WESTMINSTER, Colo., Feb. 7, 2024 /PRNewswire/ -- Last month, TraceGains, a pioneering force in integrated compliance, nutritional calculation and labeling, and new product development software for the food and beverage industry, successfully hosted its annual virtual conference Together. The seminal event, now a cornerstone on the industry calendar, attracted a global audience from 36 countries, highlighting its status as January's go-to conference for industry insiders.

Key Points: 
  • The seminal event, now a cornerstone on the industry calendar, attracted a global audience from 36 countries, highlighting its status as January's go-to conference for industry insiders.
  • The event also included the annual TraceGains Business Ingenuity Awards.
  • TraceGains placed a special emphasis on recent industry hurdles, including supply chain disruptions, evolving consumer demands, and regulatory changes.
  • TraceGains' Together Conference set a high bar for 2024, offering valuable insights and solutions for industry professionals worldwide.

TraceGains Annual Together Conference Doubles in Size in 2024, Cements Status As Key Event for Global Food and Beverage Industry

Retrieved on: 
Wednesday, February 7, 2024

WESTMINSTER, Colo., Feb. 7, 2024 /PRNewswire/ -- Last month, TraceGains, a pioneering force in integrated compliance, nutritional calculation and labeling, and new product development software for the food and beverage industry, successfully hosted its annual virtual conference Together. The seminal event, now a cornerstone on the industry calendar, attracted a global audience from 36 countries, highlighting its status as January's go-to conference for industry insiders.

Key Points: 
  • The seminal event, now a cornerstone on the industry calendar, attracted a global audience from 36 countries, highlighting its status as January's go-to conference for industry insiders.
  • The event also included the annual TraceGains Business Ingenuity Awards.
  • TraceGains placed a special emphasis on recent industry hurdles, including supply chain disruptions, evolving consumer demands, and regulatory changes.
  • TraceGains' Together Conference set a high bar for 2024, offering valuable insights and solutions for industry professionals worldwide.

NinjaOne Secures $231.5M Series C Funding Led by ICONIQ Growth

Retrieved on: 
Tuesday, February 6, 2024

NinjaOne , a leading IT platform for endpoint management, security, and visibility, today announced it raised a $231.5 million Series C funding round led by ICONIQ Growth .

Key Points: 
  • NinjaOne , a leading IT platform for endpoint management, security, and visibility, today announced it raised a $231.5 million Series C funding round led by ICONIQ Growth .
  • With this financing, ICONIQ Growth General Partner Roy Luo has joined NinjaOne’s board of directors.
  • NinjaOne is a founder-led business that has accelerated every year since its first customer, evidenced by a 70+ percent ARR growth rate in 2023.
  • “Under Sal and Chris’s exceptional leadership, NinjaOne has demonstrated impressive product velocity, leading to increased market share, geographic expansion, and customer growth,” said Roy Luo, General Partner at ICONIQ Growth.

Homebase Continues Leadership Expansion, Appointing Philip Moon as Chief Financial Officer

Retrieved on: 
Tuesday, January 30, 2024

SAN FRANCISCO, Jan. 30, 2024 /PRNewswire/ -- Homebase, the all-in-one HR and team management app that helps more than 100,000 small businesses manage their hourly teams, today announced the appointment of industry veteran Philip Moon as the company's Chief Financial Officer. Co-founder and Chief Operating Officer Rushi Patel also recently added the title of Chief Revenue Officer, continuing the acceleration of Homebase's industry-leading revenue growth.

Key Points: 
  • Co-founder and Chief Operating Officer Rushi Patel also recently added the title of Chief Revenue Officer, continuing the acceleration of Homebase's industry-leading revenue growth.
  • This is the latest in a series of major developments at Homebase, including last year's hiring of Chief Technology Officer, Oliver Fisher, and Chief Marketing Officer, Candy Lee, as the startup readies for its next phase of growth.
  • This bolstered leadership team brings in experience from rapidly scaling companies such as Shopify, HelloFresh, and FreshBooks to market-leading positions.
  • As Homebase continues to grow, the company is focused on expanding its comprehensive HR and team management ecosystem.