German food delivery firm Delivery Hero increased its full-year revenue forecast after posting first-half profit backed by accelerated growth. The Berlin-based company predicts a 15% total segment revenue rise, compared to its earlier estimate of 10%.

The company’s adjusted EBITDA, or core operating result, switched to positive in H1 2023. This comes after it experienced a €323 million (US$354.6 million) loss during the same period last year.