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: 357.30
Bid: 359.20
Ask: 360.00
Change: 6.20 (1.77%)
Spread: 0.80 (0.223%)
Open: 350.90
High: 366.20
Low: 349.40
Prev. Close: 351.10
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's sales rise 21.3 percent in Christmas period

Thu, 16th Jan 2014 07:17

LONDON, Jan 16 (Reuters) - British online grocer Ocado posted gross sales growth of 21.3 percent in the sixweeks to Jan. 5, reflecting strong trading in the seven days upto Christmas.

The firm, whose range includes products supplied by upmarketgrocer Waitrose, said on Thursday it made gross salesof 111.1 million pounds ($181.67 million) in the six weeks toJan. 5, up from 91.6 million pounds in the same period lastyear.

Gross sales for the 16 weeks to 1 December 2013 were up 20.1percent to 271.0 million pounds, the company said, and averageorders per week rose 19.1 percent to 151,743, while averageorder size nudged up 0.8 percent to 111.6 pounds.

"While we are encouraged by this current trading, theretail environment remains both challenging and competitive,with consumer sentiment subdued, and we expect to continuegrowing broadly in line with, or slightly ahead of, the market,"the company said on Thursday.

Shares in Ocado have risen over five-fold in the last yearon the back of a 200 million pounds-plus, 25-year deal withMorrisons, Britain's No. 4 grocer, to provide its onlinegrocery operation, and on hopes it could do more deals overseas.

More News
27 Jul 2023 10:34

IN BRIEF: Ocado Solutions CEO Jensen to depart; board member replaces

Ocado Group PLC - Hertfordshire-based online grocer and warehouse technology firm - Luke Jensen will step down as chief executive officer of Ocado Solutions on September 30, in order to focus on external non-executive director positions. Jensen has been CEO of Ocado Solutions since 2017. The division offers Ocado's grocery warehouse and delivery technology to other supermarkets.

Read more
27 Jul 2023 08:15

Luke Jensen stepping down from Ocado Solutions

(Sharecast News) - Technology-driven online grocer Ocado Group announced the upcoming retirement of Luke Jensen, the current executive director and CEO of Ocado Solutions, on Thursday.

Read more
24 Jul 2023 17:09

UK's FTSE 100 edges higher on gains in energy shares

Vodafone Group up after Q1 results

*

Read more
24 Jul 2023 16:59

LONDON MARKET CLOSE: FTSE 100 shakes off weak PMI readings

(Alliance News) - Blue-chip European equities took confidence from a decent open in New York, despite some less-than-stellar PMI data darkening the mood earlier on Monday.

Read more
24 Jul 2023 12:04

LONDON MARKET MIDDAY: China stimulus impatience keeps lid on sentiment

(Alliance News) - Equity prices in Europe were mixed heading into Monday afternoon, with a warning of the challenges facing the Chinese economy hurting investor sentiment at the start of a busy week of central banking action.

Read more
24 Jul 2023 08:48

LONDON MARKET OPEN: Lower start with eyes on trio of rate decisions

(Alliance News) - Stock prices in London opened largely lower on Monday as markets looked ahead to a week of interest decisions from three major central banks.

Read more
24 Jul 2023 07:51

LONDON BRIEFING: Stocks to open lower; Vodafone quarterly revenue dips

(Alliance News) - Stocks in London are set to open lower on Monday, ahead of a busy week focused on key interest rate decisions from the three major central banks.

Read more
24 Jul 2023 07:33

Ocado to receive £200m from AutoStore in patent dispute settlement

(Sharecast News) - UK online supermarket Ocado has won a £200m settlement from Norwegian company AutoStore after a three-year legal battle over 'robot' patents.

Read more
23 Jul 2023 09:51

Ocado to be paid GBP200m in deal to settle robot patent case

(Alliance News) - Online supermarket Ocado Group PLC is to be paid GBP200 million in a deal with Norwegian warehouse automation firm AutoStore AS, which accused it of breaching patents.

Read more
22 Jul 2023 14:41

AutoStore and Ocado reach deal to settle patent litigation claims

July 22 (Reuters) - Norwegian robotics firm AutoStore will pay 200 million pounds ($257.1 million) to British online supermarket group Ocado as part of a deal between the warehouse tech pioneers to settle all outstanding patent litigation claims, they said on Saturday.

Read more
22 Jul 2023 13:58

AutoStore, Ocado settle all patent litigation claims

July 22 (Reuters) - AutoStore Holdings and Ocado Group have reached an agreement to settle all patent litigation claims between them, the two firms said on Saturday. (Reporting by Anirudh Saligrama in Bengaluru; editing by Jason Neely)

Read more
21 Jul 2023 09:33

LONDON BROKER RATINGS: Jefferies raises Hargreaves Lansdown to 'buy'

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

Read more
19 Jul 2023 09:17

LONDON BROKER RATINGS: Exane raises Segro; Goldman likes Aston Martin

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

Read more
18 Jul 2023 17:27

European shares boosted by Novartis, telecom stocks slide

STOXX 600 up 0.6%, Swiss stocks outshine peers

*

Read more
18 Jul 2023 17:04

UK stocks end higher on US bank earnings cheer, homebuilders rally

Homebuilders log best day in five months

*

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.