Gousto swings into black as boss says grocery delivery is here to stay
Gousto has delivered its first ever full-year profit as its chief executive backs the grocery home-delivery revolution to outlast the pandemic.
The recipe box subscription retailer delivered “record” sales in 2020 of £189m – up 129% – and full-year EBITDA of £18.2m, compared with a £9.1m loss in 2019.
Gousto boss Timo Boldt said strong sales had continued into the first quarter of 2021 and he is confident that the customers who made the switch to shopping for food online during the pandemic would not go back.
“We sold over 25 million meals in the first quarter, so the strong trading has continued into the first part of this year,” he said.
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