EQS-News: HelloFresh SE reports €7.6bn consolidated revenue for the FY 2023 and returns to positive free cash flow
In 2023 the HelloFresh Group delivered over 1bn meals to its customers in 18 countries.
- 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.