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Tue, 28th Mar 2023 07:08
LONDON, March 28 (Reuters) - British online supermarket Ocado Retail said revenue rose 3.4% in its fiscal first quarter and it maintained its financial guidance for the year.
The business, a 50/50 joint venture between Ocado Group and Marks & Spencer, said on Tuesday retail revenue in the 13 weeks to Feb. 26 was 584 million pounds ($719 million), up from 565 million pounds in the same period last year. ($1 = 0.8120 pounds) (Reporting by James Davey; Editing by Kate Holton)
(Alliance News) - Ocado Group PLC's stint in the FTSE 100 is set to end, with another technology firm Darktrace PLC set to replace it in the top flight, according to indicative index changes by FTSE Russell on Tuesday.
Read moreFTSE 100 down 0.8%, FTSE 250 off 0.3%
*Read more(Alliance News) - Stock prices in London were predominantly higher at midday on Tuesday, though the FTSE 100 remained in the red, ahead of data from the US this afternoon.
Read more(Alliance News) - Stock prices in London opened a mixed bag on Tuesday, with the FTSE 100 trending lower, but smaller indices on the up.
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(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:
Read moreLONDON, May 22 (Reuters) - Marks & Spencer reiterated its position on Wednesday that it does not have to make a final payment to Ocado Group for its share of the Ocado Retail online supermarket joint venture.
Read more(Alliance News) - Food price inflation fell for the fifteenth month in a row while sales ticked higher, figures on Tuesday showed.
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Grocery inflation at lowest level since Oct 2021Read more
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday:
Read moreStanChart jumps after posting a 5.5% rise in pretax profit
*Read moreLONDON, May 2 (Reuters) - Online supermarket Ocado , discounter Lidl and upmarket food seller Marks & Spencer were Britain's fastest growing grocers over the last quarter, industry data showed on Thursday.
Read moreLONDON, April 29 (Reuters) - Some 19% of votes cast at Ocado's annual shareholder meeting on Monday opposed the online grocer and technology group's proposed new pay policy that could see boss Tim Steiner pick up a bonus share award of up to 15 million pounds ($19 million).
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