Online food ordering service Just Eat has reported a 3% drop in profits in the first half of 2018 as it absorbed the cost of rival Hungryhouse.

The company earned £48.1m before tax in the six months to the end of June, compared to £49.5m in the same period of 2017.

However revenues rose considerably, up 45% to £358.4m, as the number of ordered placed on its platform jumped 30% to 104.4 million.

Just Eat allows customers to place online orders with takeaways and restaurants via its website or mobile app. It operates in a number of countries, including Ireland, and says it connected 24 million customers with 104 million takeaways during the first half of 2018.

Late last year it was given approval to acquire British rival Hungryhouse in a deal worth up to £240m.

According to its latest results the majority of Just Eat's revenues come from the British market, however it says other countries now account for 49% of its revenues.

Its app accounted for the majority - 54% - of orders placed on its platforms. Just Eat said app users were more loyal and more inclined to place orders more frequently.