Financial PerformanceHelloFresh achieved an impressive performance with AEBITDA coming in around 70% ahead of forecasts, primarily due to lower marketing spend.
Growth PotentialThe stock is currently undervalued, discounting zero growth with terminal margins of 7%, which is considered too low, indicating potential for upward valuation adjustments.
Strategic ShiftHelloFresh has transitioned its strategy to focus on profitable growth rather than chasing revenue with uneconomical discounts, signaling a more sustainable business model.