Deliveroo Achieves Profit, Shares Surge 7%

Deliveroo's First-Ever Half-Year Profit: A Milestone
Deliveroo, the well-known food delivery giant, recently reported its first-ever half-year profit, signaling a major financial turnaround for the company. For the six months ending June 30, Deliveroo achieved a profit of £1 million, a stark contrast to the £83 million loss during the same period last year. This achievement was accompanied by positive free cash flow of £3 million, a significant improvement over last year's £27.7 million cash outflow.