The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 360.00
Bid: 358.20
Ask: 358.50
Change: 4.40 (1.24%)
Spread: 0.30 (0.084%)
Open: 365.30
High: 374.00
Low: 357.90
Prev. Close: 355.60
OCDO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Britain's Ocado to open first "mini CFC" in Bristol

Thu, 28th Nov 2019 07:43

(Adds detail)

LONDON, Nov 28 (Reuters) - British online grocer Ocado
plans to open its first mini robotic warehouse, or
customer fulfilment centre (CFC), in Bristol, western England,
it said on Thursday.

While Ocado's retail business holds only a 1.4% share of
Britain's grocery market, its warehouse technology has powered
the group's 8.1 billion pound ($10.4 billion) stock market
valuation.

The new facility, which is being built in an existing
150,000 square feet warehouse, will be Ocado's sixth CFC and is
expected to go live at the end of 2020 or early 2021. It will
support around 815 jobs in the local area.

The mini CFC will have the capacity for over 30,000 orders
per week compared to approximately 85,000 orders per week
expected from Ocado CFC 5, currently under construction at
Purfleet, east of London.

Despite its smaller size, Ocado expects the Bristol site to
achieve productivity close to that of its standard facilities.

Ocado said that in the future, mini-sized CFCs can
complement its standard-sized ones to build a fulfilment network
including in areas not suitable for larger CFCs.
($1 = 0.7794 pounds)
(Reporting by James Davey, Editing by Paul Sandle)

More News
2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

Read more
27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

Read more
26 Mar 2024 17:20

European shares end higher on financials boost; Rubis shimmers

Flutter rises on upbeat forecast

*

Read more
26 Mar 2024 17:06

London close: Stocks rise as US consumer confidence remains stable

(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.

Read more
26 Mar 2024 17:05

UK's FTSE 100 edges higher as retailers stocks climb

Petershill Partners up on mulling share buyback plan

*

Read more
26 Mar 2024 16:59

LONDON MARKET CLOSE: FTSE 100 closes higher on busy corporate day

(Alliance News) - Stock prices in London closed higher on Tuesday, as investors are waiting to see a key inflation reading from the US on Friday.

Read more
26 Mar 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 flat amid China-West tension

(Alliance News) - The FTSE 100 recovered slightly from a tricky morning on Tuesday to trade flat heading into the afternoon, though simmering global tensions have kept a lid on its progress in the early part of the week.

Read more
26 Mar 2024 11:04

Ocado Retail sales rise as sharper prices win customers

Q1 revenue up 10.6%

*

Read more
26 Mar 2024 09:29

Ocado, M&S still talking over final Ocado Retail payment, says jv CEO

LONDON, March 26 (Reuters) -

Read more
26 Mar 2024 09:09

TOP NEWS: Ocado Retail backs outlook after strong start to 2024

(Alliance News) - Ocado Retail Ltd on Tuesday said sales had grown strongly at the start of 2024 boosted by a broader product range and price cuts.

Read more
26 Mar 2024 08:58

LONDON MARKET OPEN: Stocks continue slow-down amid global tensions

(Alliance News) - Stock prices in London opened lower on Tuesday as a slow start to the week continues, with investors having simmering global tensions to be mindful of.

Read more
26 Mar 2024 08:48

Ocado, M&S still talking over final payment for Ocado Retail JV-CEO

LONDON, March 26 (Reuters) - Conversations between Ocado and Marks & Spencer over the final payment for the pair's Ocado Retail joint venture are ongoing, said Ocado Retail's chief executive Hannah Gibson. (Reporting by James Davey; Editing by Kate Holton)

Read more
26 Mar 2024 08:41

TOP NEWS: Grocery inflation hits 2-year low while sales get Easter boost

(Alliance News) - Grocery price inflation eased further in March, while early Easter treats gave sales a boost, new data showed on Tuesday.

Read more
26 Mar 2024 08:00

British grocery price inflation slows to 4.5%, Kantar says

*
UK grocery inflation at lowest level since Feb. 2022 -Kantar

Read more
26 Mar 2024 07:22

Ocado Retail sees strong first-quarter growth

(Sharecast News) - Ocado Group reported strong trading at its Ocado Retail venture in the first quarter on Tuesday, with an 8.1% year-on-year increase in total item volumes propelling retail revenue to £645.3m, itself up 10.6%.

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