Shares in Deliveroo fell 6 per cent as a pandemic boom in food deliveries showed signs of slowing down.
Despite more than doubling sales in the first half of 2021, the British firm warned the blistering pace of growth was unlikely to continue.
In England, outdoor dining has been allowed since April and indoor dining since May, with remaining social distancing rules lifted on July 19.
Confident: Deliveroo Boss Will Shu (pictured) insisted that booming demand was outlasting the end of restrictions
At Deliveroo the value of orders rose by 87 per cent in the second quarter, compared with 142 per cent in the first.
Overall sales doubled to £3.4billion in the first half of this year, but only narrowed from £128.4million to £104.8million – largely due to hefty expansion costs.
Boss Will Shu insisted that booming demand was outlasting the end of restrictions.
He said: ‘We don’t know what’s going to happen in the second half, but we are very encouraged.
‘Lockdown easing has also coincided with people going on holiday… so it is a little hard for us to [discern] the impact of that.
‘In the UK it does look very solid and we really haven’t seen a drop-off.’
Shares dropped 6.1 per cent, or 22.1p, to 341p.
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