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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: 355.40
Bid: 356.10
Ask: 356.50
Change: 2.30 (0.65%)
Spread: 0.40 (0.112%)
Open: 356.90
High: 359.10
Low: 350.10
Prev. Close: 353.10
OCDO Live PriceLast checked at -

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UPDATE 1-Britain's Royal Mail to name Simon Thompson as next CEO -Sky News

Sun, 10th Jan 2021 18:53

(Adds details from report, background on company and Simon
Thompson)

Jan 10 (Reuters) - Royal Mail Plc will name board
member Simon Thompson as its next chief executive in the coming
days, Sky News reported https://news.sky.com/story/royal-mail-picks-thompson-as-ceo-to-deliver-transformation-plan-12184461
on Sunday, citing sources.

Thompson is a non-executive director at the British postal
services firm and has previously held senior executive positions
at Ocado plc, Apple Inc and HSBC.

Current interim chairman, Keith Williams, is expected to
revert to a non-executive role when Thompson takes over and it
was unclear whether interim CEO Stuart Simpson would remain with
the company, the Sky News report said.

Royal Mail did not immediately respond to a Reuters request
for comment.

Simpson last May succeeded Rico Back, who founded and ran
the company's international parcels operation before becoming
chief executive at one of the oldest postal companies in the
world.

Back left the company after three decades following union
resistance to his 1.8-billion-pound restructuring plan.

The company reached a breakthrough on strategy with its
largest union last month after a long-running dispute over
direction, working conditions and workplace culture.
(Reporting by Derek Francis in Bengaluru;
Editing by Alexander Smith and Bernadette Baum)

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26 Mar 2024 11:04

Ocado Retail sales rise as sharper prices win customers

Q1 revenue up 10.6%

*

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26 Mar 2024 09:29

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

LONDON, March 26 (Reuters) -

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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.

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26 Mar 2024 08:58

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

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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)

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26 Mar 2024 08:41

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

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26 Mar 2024 08:00

British grocery price inflation slows to 4.5%, Kantar says

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

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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%.

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26 Mar 2024 07:03

Ocado Retail quarterly sales up 10.6% as it wins more customers

LONDON, March 26 (Reuters) - British online supermarket Ocado Retail kept its guidance for its 2023-24 year after reporting a 10.6% increase in revenue in its latest quarter that reflected growth in customer numbers. (Reporting by James Davey, Editing by Paul Sandle)

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London close: Stocks slip back after last week's peak

(Sharecast News) - London markets finished in the red on Monday, having traded below the waterline through the session after reaching a peak at the end of last week.

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25 Mar 2024 12:07

Ocado facing opposition to £15m bonus for Tim Steiner

(Sharecast News) - Ocado fell on Monday following a report over the weekend suggesting the company is under pressure over executive pay after an influential proxy adviser urged shareholders to vote against a new bonus scheme that could see boss Tim Steiner paid as much as £14.8m.

Read more

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