Delivery Hero CFO: confident we have taken correct decisions to become profitable

Delivery Hero (DHER.DE) is confident it has taken the correct decisions to reach profitability, said the German online food delivery company’s chief financial officer on Tuesday.

“Our decisions are paying off,” CFO Emmanuel Thomassin told Reuters after the company forecast 7% growth on the quarter in its third-quarter gross merchandise value (GMV).

Thomassin, who said that the company is likely the fastest-growing in the food delivery sector, added that Delivery Hero will probably close some of its warehouse locations in the second half.