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Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
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Share Price: 363.10
Bid: 363.70
Ask: 364.20
Change: -6.70 (-1.81%)
Spread: 0.50 (0.137%)
Open: 367.30
High: 368.30
Low: 346.00
Prev. Close: 369.80
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Asda and Aldi overtake supermarket rivals - Kantar

Tue, 02nd Apr 2019 08:03

(Sharecast News) - Asda moved up to become the second largest supermarket in Britain in recent weeks, while discounter Aldi overtook Morrisons in terms of shopper numbers.Wall-Mart owned Asda's sales grew 0.1% in the 12 weeks to 24 March compared to the equivalent period last year and it grabbed a market share of 15.4%, according to data compiled by Kantar.Kantar said Asda's performance has been fuelled by attracting a greater number of affluent households and shoppers making more regular trips.This saw it overtake Sainsbury's 15.3% market share as its total till roll shrank 1.8% year on year. Hoping to persuade competition authorities to allow their merger, Sainsbury's and Asda last month offered to sell up to 150 supermarkets, plus a number of convenience stores and petrol stations, to another grocery rival or a new entrant.The only other major grocer to struggle in recent weeks was Morrisons, where sales fell 0.1% giving it a market share of 10.3%.German-owned discounter Aldi welcomes 13m households to its stores in the past 12 weeks, which was more than at Morrisons. Aldi achieved a record market share of 8.0% but remained in fifth place in terms of spending, as while it had more households shopping at its stores, these were smaller and/or cheaper shops. Fellow discounter Lidl was the second fastest growing supermarket, with sales growth accelerating to 5.8% thanks to strong growth was seen in bakery goods, frozen foods and biscuits. Lidl's market share grew 5.6% from 5.3% a year ago.Among the 'big four' supermarkets, Tesco enjoyed the strongest growth, up 0.5% but still saw its market share shrink to 27.4% from 27.6% a year ago due to the rise of the discounters.Fraser McKevitt, consumer head of retail and consumer insight at Kantar, pointed out that the number of sales Tesco completed through a deal increased to 40.1%, which was notable at a time when the level of promotion across the grocery market has fallen to less than 31%, the lowest in a decade.The overall grocery market saw sales growth of 1.4% during the 12-week period.Ocado's market share reached a new high of 1.3% after growth of 5.5% in the period.Said McKevitt: "As both Ocado and Co-op have announced new West London-based rapid delivery systems in the past month, it's clear they are eyeing up the £46bn market of less than £30 top-up shops - of which only a fraction are currently home delivered. However, it remains to be seen if this can be successfully rolled out beyond these initial small areas."
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27 Sep 2023 17:00

LONDON MARKET CLOSE: European stocks fall but dollar rises on unease

(Alliance News) - European stocks suffered another underwhelming day on Wednesday, with sizeable uncertainty hanging over global equity markets as the final quarter of a tricky year approaches.

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26 Sep 2023 16:54

LONDON MARKET CLOSE: Stocks suffer on US government shutdown fear

(Alliance News) - London's FTSE 100 outperformed on a day of wider risk aversion for global markets, with US government shutdown fears keeping a lid on enthusiasm.

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22 Sep 2023 16:57

LONDON MARKET CLOSE: Europe struggles as New York recovers

(Alliance News) - Blue-chip stocks in Europe closed largely lower on Friday, as interest rate worries in the US kept a lid on enthusiasm at the end of the week.

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21 Sep 2023 16:56

LONDON MARKET CLOSE: Hawkish Fed hits risk appetite as BoE hurts pound

(Alliance News) - Stock prices in Europe closed lower on Thursday as hawkish words from the Federal Reserve hit equities, while the FTSE 100 ended off morning lows but failed to cling onto the gains it made after the Bank of England stood pat on interest rates.

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20 Sep 2023 09:34

LONDON BROKER RATINGS: SocGen cuts BAE; BoA resumes IHG with 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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19 Sep 2023 14:04

FTSE 100 movers: Kingfisher down 11% after profit warning

(Sharecast News) - Kingfisher lost more than a tenth of its market value on Tuesday after the DIY retail conglomerate warned shareholders that it would have to scale back profit guidance this year.

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19 Sep 2023 12:05

LONDON MARKET MIDDAY: London largely up despite slew of outlook cuts

(Alliance News) - Stock prices in London were mostly higher at midday Tuesday, after news that eurozone inflation eased slightly in August and despite some less-than-stellar local corporate updates.

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19 Sep 2023 08:59

TOP NEWS: Ocado third quarter revenue grows on higher customer numbers

(Alliance News) - Ocado Group PLC on Tuesday said revenue grew in the third quarter as order and customer numbers increased.

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19 Sep 2023 07:03

Ocado holds guidance as Q3 retail sales rise 7.2%

(Sharecast News) - Online grocer and technology company Ocado maintained annual guidance after a 7.2% rise in third-quarter retail revenues.

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18 Sep 2023 09:40

LONDON BROKER RATINGS: Jefferies likes Energean; JPMorgan raises IDS

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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12 Sep 2023 15:44

UK earnings, trading statements calendar - next 7 days

Wednesday 13 September 
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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12 Sep 2023 08:46

TOP NEWS: UK grocery price inflation cools to lowest level in a year

(Alliance News) - Annual grocery price inflation in the UK decelerated to 12.2% in the four weeks that ended September 3, from 12.7% a month before, according to survey data from Kantar on Tuesday.

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6 Sep 2023 14:54

Crisis-hit NatWest picks Haythornthwaite as chairman

Ocado chair set to take over as NatWest chair in April

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6 Sep 2023 14:03

UPDATE: NatWest confirms Ocado's Haythornthwaite as chair from April

(Alliance News) - NatWest Group PLC on Wednesday confirmed it has appointed Rick Haythornthwaite as its new chair from April 15 next year, the move coming less than two months after the bank replaced its chief executive amid a row over the de-banking of UK politician Nigel Farage.

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6 Sep 2023 13:43

NatWest confirms Haythornthwaite will join as chair

Sept 6 (Reuters) -

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