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Ocado Group PLC (OCDO.L)

OCDO.L on London Stock Exchange

1,045.50GBp
7:48pm IST
Change (% chg)

-0.50 (-0.05%)
Prev Close
1,046.00
Open
1,048.00
Day's High
1,062.50
Day's Low
1,041.50
Volume
1,041,804
Avg. Vol
3,042,100
52-wk High
1,163.00
52-wk Low
235.80

Latest Key Developments (Source: Significant Developments)

Ocado CFO expects larger pretax loss in 2018 than current market consensus
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Ocado Group PLC ::CFO SAYS EXPECTS FIRM TO MAKE LARGER FULL YEAR 2018 PRETAX LOSS THAN CURRENT MARKET CONSENSUS.  Full Article

Ocado CFO: Kruger deal is 'transformational'
Thursday, 17 May 2018 

May 17 (Reuters) - Ocado ::CFO SAYS STILL IN NEGOTIATIONS WITH KROGER AND FINAL DETAILED DEAL STLL TO BE SIGNED.CFO SAYS 'PRETTY OPTIMISTIC' CAN FUND KROGER PARTNERSHIP WITHOUT GOING TO INVESTORS.CFO SAYS KROGER PARTNERSHIP 'MULTI-YEAR PLAN WITH A LOT TO DO'.CFO SAYS KROGER PARTNERSHIP IS A "QUANTUM DIFFERENCE" THAN PREVIOUS DEALS.CFO SAYS KROGER WILL ALSO HAVE ACCESS TO ITS SOFTWARE, IF IT CHOOSES, FOR STORE PICKING.CFO SAYS POST-KROGER DEAL, SEVEN MAJOR GROCERS WILL BE ON PLATFORM, CREATING URGENCY FOR ANY OTHERS WHO WANT TO JOIN.CFO SAYS CONFIDENT IT CAN RAMP UP TO MEET KROGER'S AMBITIONS.CFO SAYS KRUGER TAKING A STAKE IS EVIDENCE OF THE STRENGTH OF ITS TECHNOLOGY PLATFORM.  Full Article

Ocado says driver shortage that hit sales mostly London, south east England
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Ocado ::CFO SAYS DRIVER SHORTAGE THAT AFFECTED SALES WAS MOSTLY IN PARTS OF LONDON AND SOUTH EAST OF ENGLAND.CFO SAYS DRIVER SHORTAGE THAT AFFECTED SALES NOT UNIQUE TO OCADO.CFO SAYS DRIVER SHORTAGE HAS PUSHED UP WAGE RATES IN SOME LOCATIONS.CFO SAYS Q4 SALES GROWTH WOULD HAVE BEEN "CLOSER TO 13 PERCENT" IF DIDN'T HAVE DRIVER SHORTAGE.  Full Article

Ocado talking to lots of retailers, expects further deals
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Ocado ::CFO SAYS WILL INTRODUCE SEGMENTAL REPORTING TO MAKE CLEAR SPLIT BETWEEN UK RETAIL AND INTL SOLUTIONS UNITS.CEO SAYS CASINO DEAL IS NEW, SEPARATE FROM DEAL ANNOUNCED EARLIER THIS YEAR.CEO SAYS TALKING TO LOTS OF RETAILERS, EXPECT FURTHER DEALS.CEO SAYS NEW GROUPE CASINO CFC WILL BE BIGGER THAN ITS ANDOVER CFC WHICH IS ABLE TO HANDLE 350 MILLION STG OF SALES.  Full Article

ISS to provide integrated service solution at new Ocado HQ
Tuesday, 14 Feb 2017 

Iss A/S : Iss a/s-iss to provide FM at new Ocado HQ . Will provide an integrated service solution to Ocado at their new Head Office address in Hatfield .Says it includes catering and hospitality, building maintenance services, cleaning, waste, energy and environmental management and health and safety management.  Full Article

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Carrefour and Tesco up stakes with new purchasing alliance

PARIS/LONDON Europe's largest supermarket groups Carrefour and Tesco have agreed to form a global purchasing alliance to demand better terms from major suppliers in the latest attempt by the industry to drive down costs. | Video