FILE PHOTO: The Delivery Hero's logo is pictured at its headquarters in Berlin, Germany, August 18, 2020. REUTERS/Fabrizio Bensch/File Photo
(Reuters) -Delivery Hero said on Monday it had delivered on all of its annual targets last year and remained "fully committed" to its 2024 strategy, but shares extended the previous session's sharp drop as its outlook failed to reassure investors.
The German takeaway company's shares fell more than 20% on Friday after a media report that talks for the potential sale of its Southeast Asian business had collapsed - an assertion it dismissed, saying discussions were ongoing.
