Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 311.40
Bid: 311.50
Ask: 312.20
Change: 1.40 (0.45%)
Spread: 0.70 (0.225%)
Open: 314.00
High: 323.30
Low: 305.60
Prev. Close: 310.00
OCDO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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.
More News
28 Feb 2023 09:14

LONDON MARKET OPEN: Ocado shares slump; pound up after UK-EU deal

(Alliance News) - Stock prices in London opened lower as investors digested a mixed set of local corporate earnings, and waited to hear on progress of the UK-EU deal on the Northern Irish border.

Read more
28 Feb 2023 09:14

STOXX falls as inflation rears its head

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

STOXX FALLS AS INFLATION REARS ITS HEAD(0908 GMT)

Read more
28 Feb 2023 08:59

Online's share of UK grocery market will rise, says Ocado boss

LONDON, Feb 28 (Reuters) - The boss of British online supermarket Ocado Group said on Tuesday he is convinced online penetration of the country's grocery market will increase from the current 11%.

Read more
28 Feb 2023 08:52

TOP NEWS: Ocado loss balloons as cost of living woe hits grocery sales

(Alliance News) - Ocado Group PLC on Tuesday said annual sales at its retail joint-venture fell, as cost of living pressure in the UK hurt grocery basket values.

Read more
28 Feb 2023 08:29

UK's Ocado has plenty of salad items, says CEO

LONDON, Feb 28 (Reuters) - British online supermarket Ocado Group currently has a good supply of salad items, chief executive Tim Steiner told reporters on Tuesday.

Read more
28 Feb 2023 08:29

Casino to step up promotions as cost of living crisis weighs on French sales

Q4 group same-store sales up 4.4% vs up 5.4% in Q3

*

Read more
28 Feb 2023 07:58

LONDON BRIEFING: abrdn swings to loss; Ocado retail sales fall

(Alliance News) - Stocks are likely to open flat on Tuesday in London, as investors wait to hear of progress in the breakthrough EU-UK deal on the Northern Irish border.

Read more
28 Feb 2023 07:09

Ocado's annual loss swells to 501 mln stg

LONDON, Feb 28 (Reuters) - Ocado Group, the British online supermarket and technology group, reported a worse-than-expected full-year loss, partly reflecting profits being wiped out at its retail joint venture with Marks & Spencer .

Read more
28 Feb 2023 07:02

Ocado losses widen to £500m as retail operations hammered

(Sharecast News) - UK online grocer and technology company Ocado Group posted wider losses as the cost of living crisis and return to normal shopping habits after the Covid pandemic hammered its joint venture with Marks & Spencer .

Read more
27 Feb 2023 13:48

Tuesday preview: US house price surveys, Ocado in the spotlight

(Sharecast News) - The market spotlight on Tuesday would be house price surveys for the US covering the month of December.

Read more
21 Feb 2023 15:49

UK earnings, trading statements calendar - next 7 days

Wednesday 22 February 
Avingtrans PLCHalf Year Results
City of London Investment Group PLCHalf Year Results
Conduit Holdings LtdFull Year Results
Hochschild Mining PLCFull Year Results (TBC)
Liberty Global PLCFull Year Results
Lloyds Banking Group PLCFull Year Results
Primary Health Properties PLCFull Year Results
Renewables Infrastructure Group LtdFull Year Results
Rio Tinto PLCFull Year Results
Synectics PLCFull Year Results
TBC Bank Group PLCFull Year Results
Transense Technologies PLCHalf Year Results
Thursday 23 February 
Anglo American PLCFull Year Results
Arbuthnot Banking Group PLCTrading Statement
BAE Systems PLCFull Year Results
Drax Group PLCFull Year Results
Driver Group PLCFull Year Results
Genus PLCHalf Year Results
Greencoat UK Wind PLCFull Year Results (TBC)
Harmony Energy Income Trust PLCFull Year Results
Hays PLCHalf Year Results
Hikma Pharmaceuticals PLCFull Year Results
Howden Joinery Group PLCFull Year Results
Macfarlane Group PLCFull Year Results
Made Tech Group PLCHalf Year Results
Mondi PLCFull Year Results
Morgan Sindall Group PLCFull Year Results
Pantheon International PLCHalf Year Results
Rolls-Royce Holdings PLCFull Year Results
Serco Group PLCFull Year Results
Spectris PLCFull Year Results
Versarien PLCFull Year Results
WPP PLCFull Year Results
Friday 24 February 
ASA International Group PLCTrading Statement
CVS Group PLCHalf Year Results
European Opportunities Trust PLCHalf Year Results
Grit Real Estate Income Group LtdHalf Year Results
Irish Residential Properties REIT PLCFull Year Results
International Consolidated Airlines Group SAFull Year Results
Jupiter Fund Management PLCFull Year Results
Monday 27 February 
Associated British Foods PLCTrading Statement
Beeks Financial Cloud Group PLCHalf Year Results
Bunzl PLCFull Year Results
Centralnic Group PLCFull Year Results
Dechra Pharmaceuticals PLCHalf Year Results
DX Group PLCHalf Year Results
GlobalData PLCFull Year Results
Greencoat Renewables PLCFull Year Results
Kosmos Energy LtdFull Year Results
Quartix Technologies PLCFull Year Results
RHI Magnesita NVFull Year Results
Senior PLCFull Year Results
Tuesday 28 February 
abrdn PLCFull Year Results
Benchmark Holdings PLCQ1 Results
Bluefield Solar Income Fund LtdHalf Year Results
boohoo Group PLCFull Year Results
Cap-XX LtdHalf Year Results
Croda International PLCFull Year Results
Dalata Hotel Group PLCFull Year Results
Derwent London PLCFull Year Results
Hutchmed (China) LtdFull Year Results
Intertek Group PLCFull Year Results
Kitwave Group PLCFull Year Results
Man Group PLCFull Year Results
McBride PLCHalf Year Results
Morgan Advanced Materials PLCFull Year Results
Ocado Group PLCFull Year Results
Princess Private Equity Holding LtdFull Year Results
Rotork PLCFull Year Results
St James's Place PLCFull Year Results
S-Ventures PLCFull Year Results
Travis Perkins PLCFull Year Results
Uniphar PLCFull Year Results
Unite Group PLCFull Year Results
Videndum PLCFull Year Results
XP Power LtdFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
2 Feb 2023 12:26

UK stocks edge up after BOE rate hike

STOXX 600 up 0.7%

*

Read more
2 Feb 2023 11:56

UK supermarkets' 2023 challenges

STOXX 600 up 0.7%

*

Read more
31 Jan 2023 09:54

Grocery inflation surges to 16.7%

(Sharecast News) - Grocery inflation soared to a fresh record in January, industry data showed on Tuesday, adding nearly £800 to annual food bills.

Read more
27 Jan 2023 13:24

IN BRIEF: Ocado's non-exec director made CFO of Vertical Aerospace

Ocado Group PLC - Hatfield, England-based licensor of grocery fulfilment technology to global retailers, including Kroger in the US, and Coles Group in Australia - Says non-executive director John Martin has been appointed as chief financial officer of Vertical Aerospace, effective from February 20. Vertical Aerospace is a Bristol, England-based aerospace manufacturer.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.