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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: 370.50
Bid: 370.60
Ask: 370.90
Change: -39.90 (-9.72%)
Spread: 0.30 (0.081%)
Open: 406.00
High: 406.00
Low: 369.60
Prev. Close: 410.40
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Ocado Retail's revenue growth accelerates in latest quarter

Thu, 18th Mar 2021 07:09

LONDON, March 18 (Reuters) - British online supermarket
Ocado Retail said revenue rose 39.7% in its first quarter to
Feb. 28, an acceleration from the previous quarter, reflecting
continuing strong demand for grocery deliveries during the
COVID-19 pandemic.

Ocado Retail, a joint venture between Ocado Group
and Marks & Spencer, said revenue totalled 599 million
pounds ($838 million) versus 429 million pounds in the same
quarter last year. Revenue growth in the previous quarter was
34.9%.
($1 = 0.7148 pounds)
(Reporting by James Davey; editing by Costas Pitas)

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