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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: 348.30
Bid: 347.90
Ask: 348.40
Change: -5.50 (-1.55%)
Spread: 0.50 (0.144%)
Open: 354.90
High: 362.10
Low: 345.30
Prev. Close: 353.80
OCDO Live PriceLast checked at -

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Ocado sales up 15% in December

Wed, 14th Jan 2015 09:11

Online grocery specialist Ocado Group said gross sales were up 14.8% in December versus last year, the company said on Wednesday.However, analysts expected growth to be nearer 16.5%.The FTSE 250 group said the seven days before Christmas saw a 40% increase in items sold for Ocado.com and Morrisons.com compared to last year at its customer fulfilment centres.The busiest day of the month registered £6m sales, up 15% from the previous year, but Ocado did not provide total revenues figures.Chief executive Tim Steiner said: "Our focus remained on delivering the highest service levels at this very important time for customers, while offering the widest range at competitive prices."Shore Capital analysts, noting that there was no indication of the voucher participation by Ocado year-on-year and wondering why information was only given for four weeks after last year a six-week period was reported, gave a 'sell' recommendation at 410p target price as they "continue to have a low opinion of the Ocado business model".However, counter to some speculation that Ocado may lose Waitrose as a client in the near future with Waitrose able to serve notice on its arrangement from September 2015, ShoreCap's Clive Black is fairly confident this will not happen. "The reason that we do not expect change in the near-term relationship with Waitrose is not least because Ocado arguably funds the development of Waitrose.com through its commercial fees, noting as we do that Waitrose.com continues to grow at a much faster rate than Ocado; online sales on an admittedly lower sales base for Waitrose grew by nearly 30% over the festive period."Shares were down 2.27% to 400.6p on Wednesday at 09:29.
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18 Jul 2023 09:09

TOP NEWS: UK grocery price inflation ebbs at fastest pace since peak

(Alliance News) - UK grocery price inflation calmed once again, market research from Kantar showed on Tuesday, while supermarket sales got a boost from more summer staples such as hay fever medication and strawberries moving through the tills.

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18 Jul 2023 08:47

Ocado not pursuing takeover offers, says boss

LONDON, July 18 (Reuters) - Ocado Group, the online supermarket and technology group, is not looking to be taken over, its boss said on Tuesday.

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18 Jul 2023 08:46

TOP NEWS: Ocado backs outlook and hails "good progress" in half-year

(Alliance News) - Ocado Group PLC on Tuesday affirmed yearly guidance with both its grocery and warehouse technology arms seeing half-year revenue growth.

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18 Jul 2023 08:45

LONDON MARKET OPEN: Ocado, Darktrace outperform amid muted trade

(Alliance News) - Stock prices in London opened in the green on Tuesday, boosted by some well-received company updates.

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18 Jul 2023 08:45

LONDON MARKET OPEN: Ocado, Darktrace outperform amid muted trade

(Alliance News) - Stock prices in London opened in the green on Tuesday, boosted by some well-received company updates.

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18 Jul 2023 08:31

Ocado hits five-month high after return to profit, keeping guidance

LONDON, July 18 (Reuters) - Ocado shares surged on Tuesday after keeping its financial guidance for the year as it reported a return to underlying profit in its first half.

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18 Jul 2023 08:19

Ocado CEO declines to comment on Amazon speculation

LONDON, July 18 (Reuters) - The chief executive of British online and technology group Ocado said he had nothing to say when asked about speculation of a takeover by U.S. group Amazon.

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18 Jul 2023 07:48

LONDON BRIEFING: Ocado backs annual guidance as interim loss widens

(Alliance News) - Stocks in London are set to tread water on Tuesday, as investors look ahead to US corporate earnings and economic data.

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18 Jul 2023 07:06

Ocado keeps guidance after return to first half underlying profit

LONDON, July 18 (Reuters) - Ocado the British online supermarket and technology group, whose shares surged last month after a report of possible takeover interest from Amazon, kept its financial guidance for the year as it reported a return to underlying profit in its first half. (Reporting by James Davey; Editing by Kate Holton)

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18 Jul 2023 07:03

Ocado holds guidance after swinging to profit in H1

(Sharecast News) - UK online supermarket Ocado held annual guidance after swinging to a core profit in its first half and said its retail earnings would be "marginally positive" for the full year.

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17 Jul 2023 00:01

UK consumer group calls for government action on grocery prices

Competition watchdog to publish report on grocery prices

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14 Jul 2023 16:32

Grocer, trainmaker and landlord among most shorted stocks in June - Hazeltree

LONDON, July 14 (Reuters) - Shortsellers betting on tougher economic conditions zeroed in on online grocer Ocado , Swedish property firm Fastighets AB Balder and French train maker Alstom in June, according to a report by data and tech firm Hazeltree.

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14 Jul 2023 13:48

Grocer, trainmaker and landlord among most shorted stocks in June - Hazeltree

LONDON, July 14 (Reuters) - Shortsellers betting on tougher economic conditions zeroed in on online grocer Ocado , Swedish property firm Fastighets AB Balder and French train maker Alstom in June, according to a report by data and tech firm Hazeltree.

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11 Jul 2023 15:44

UK earnings, trading statements calendar - next 7 days

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Petra Diamonds LtdTrading Statement
Record PLCTrading Statement
Rio Tinto PLCTrading Statement
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10 Jul 2023 09:27

LONDON BROKER RATINGS: HSBC downgrades commercial property stocks

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

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