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Investment
3 mins to read

HelloFresh falls behind My Food Bag as revenue drops 30%

Global meal kit giant’s New Zealand operations have fallen behind NZX-listed rival on a revenue and profit basis.

In March, HelloFresh reported global revenue of €$7.6 billion.

Hamish McNicol Mon, 15 Jul 2024

Global meal kit giant HelloFresh has fallen behind My Food Bag on a revenue basis in New Zealand for the first time in several years, after its revenue fell more than 30% last year.

According to financials filed with the Companies Office for its financial year ended December 31, the Berlin-based

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Hamish McNicol Mon, 15 Jul 2024
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment
2

Questions raised about My Food Bag’s return to dividends
Investment

Forbar sees longer recovery time ahead for My Food Bag
Investment
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My Food Bag’s mission to stabilise demand
General Business

HelloFresh beats My Food Bag on revenue, profit
General Business
3

HelloFresh revenue higher than My Food Bag, profit lower
HelloFresh falls behind My Food Bag as revenue drops 30%
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