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Written by Yoni Van Looveren
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Fifty percent more turnover for HelloFresh

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Food30 January, 2018

Mealbox seller HelloFresh has managed to continue its strong growth in the past fiscal year. By the end of the past year, it had nearly 1.5 million customers, 69 % more than a year before.

 

40 million meals

HelloFresh delivered 39.5 million meals in 2017’s fourth quarter, compared to 23.9 million in the year before. It has forecast a 250 to 253 million euro turnover for its fourth quarter, up nearly 60 % compared to the year before.

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For its full fiscal year 2017, it should reach a turnover just north of 900 million euro, about 50 % higher than in 2016.

 

Aside from its strong growth, HelloFresh also says it is approaching profitability and expects to reach that point in the current fiscal year’s fourth quarter. The company’s full financial results will be published on 31 March.

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