Financial expert warns: European food suppliers under pressure - HelloFresh, Just Eat Takeaway and Delivery Hero affected
According to a report by www.finanzen.net, the stocks of European food suppliers have come under pressure after Exane BNP Paribas analyst Andrew Gwynn published a negative study. Hellofresh shares temporarily fell by 4.89 percent and extended their loss to a good 13 percent. The bad mood in the industry is reinforced by Gwynn's statements that the only one making any money has issued a profit warning. Additionally, he highlights that HelloFresh has its own problems and sales growth is difficult to identify. This pessimistic outlook also has implications for other companies such as Just Eat Takeaway and Delivery Hero, whose shares are also falling...

Financial expert warns: European food suppliers under pressure - HelloFresh, Just Eat Takeaway and Delivery Hero affected
According to a report by www.finanzen.net, European food delivery companies have come under pressure after Exane BNP Paribas analyst Andrew Gwynn published a negative study. Hellofresh shares temporarily fell by 4.89 percent and extended their loss to a good 13 percent.
The bad mood in the industry is reinforced by Gwynn's statements that the only one making any money has issued a profit warning. Additionally, he highlights that HelloFresh has its own problems and sales growth is difficult to identify. This pessimistic outlook also has implications for other companies such as Just Eat Takeaway and Delivery Hero, whose shares have also fallen.
This negative study and the resulting share price losses show the uncertainty in the financial industry about the growth potential of food suppliers. Investors could become unsettled and lose trust in these companies. This can result in companies having difficulty raising capital and implementing their expansion plans. It is important to monitor developments in this sector in order to identify possible impacts on the market at an early stage.
Read the source article at www.finanzen.net