The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen 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: 361.90
Bid: 361.60
Ask: 362.10
Change: -0.60 (-0.17%)
Spread: 0.50 (0.138%)
Open: 363.00
High: 365.30
Low: 352.90
Prev. Close: 362.50
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-UK online supermarket Ocado says coronavirus boosting demand

Thu, 19th Mar 2020 07:42

(Adds details)

LONDON, March 19 (Reuters) - British online supermarket
Ocado said growth in the last three weeks was double
that of its first quarter, as panicked shoppers stock up on
goods ahead of an expected shutdown to tackle the coronavirus.

The pioneer of online shopping said it had been forced to
stop registrations from new customers and impose a queuing
system online after it saw a several hundred percentage increase
in web traffic.

Customers were also spending more and buying more ambient
goods. The government has so far shut schools and advised people
to avoid pubs, restaurants and theatres but it has warned it is
ready to adopt more stringent measures to curb the outbreak.

Ocado said its guidance for Retail Revenue growth in
full-year 2020 of 10-15% was unchanged, at this point, as it
believes there is a large element of forward buying, leading to
disruption further down the line.

"The impact of higher basket values and order demand, amid
growing public concern over the Coronavirus, was limited in the
quarter, although this has since picked up significantly and
growth in the second quarter is so far double that of the first
quarter," Ocado Retail's Chief Executive Melanie Smith said.
(Reporting by Sarah Young and Kate Holton; editing by Guy
Faulconbridge)

More News
22 Jun 2023 11:04

PRESS: Amazon declines to comment on report of Ocado bid interest

(Alliance News) - Online retailer Amazon.com Inc on Thursday declined to comment on whether a takeover of online grocer and warehouse technology firm Ocado Group PLC was on the cards, Reuters reported on Thursday.

Read more
22 Jun 2023 10:57

Is ethical investing down on UK investors' priority lists?

STOXX Europe 600 down 0.8%

*

Read more
22 Jun 2023 10:27

Amazon declines to comment on report of bid interest in UK's Ocado

LONDON, June 22 (Reuters) - A spokesperson for Amazon declined to comment on Thursday on a Times newspaper report that highlighted talk of potential bid interest in British online supermarket group Ocado.

Read more
22 Jun 2023 10:11

Life's a beach for European tourism stocks

STOXX Europe 600 down 0.9%

*

Read more
22 Jun 2023 08:57

Ocado surges on Amazon bid speculation

(Sharecast News) - Ocado surged on Thursday amid speculation it could be a takeover target for Amazon.

Read more
20 Jun 2023 17:20

Miners, oil drag London stocks lower after modest China rate cut

Miners down as metal prices fall on strong dollar, China worries

*

Read more
20 Jun 2023 12:18

LONDON MARKET MIDDAY: FTSE 100 treads water ahead of UK inflation, BoE

(Alliance News) - London's FTSE 100 was steady at midday Tuesday, as investors look ahead to risk events in the form of a UK inflation reading and a Bank of England interest rate decision later this week.

Read more
20 Jun 2023 11:28

Move over China, India & Brazil are in: TS Lombard

STOXX Europe 600 down 0.5%

*

Read more
20 Jun 2023 10:38

Citi: "Can the bullish momentum continue?"

STOXX Europe 600 down 0.5%

*

Read more
20 Jun 2023 09:55

JPMorgan cuts Ocado price target, puts shares on 'negative catalyst watch'

(Sharecast News) - Online supermarket Ocado was under the cosh on Tuesday after JPMorgan Cazenove cut its price target on the shares to 400p from 450p and placed the stock on 'negative catalyst watch' into first-half results.

Read more
20 Jun 2023 09:35

LONDON BROKER RATINGS: JPMorgan sees negative catalysts for Ocado

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

Read more
20 Jun 2023 09:10

STOXX on the backfoot

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 ON THE BACKFOOT (0754 GMT)

Read more
20 Jun 2023 09:01

LONDON MARKET OPEN: Muted open in Europe on lack of US impetus

(Alliance News) - Stock prices in London opened mixed on Tuesday, amid a lack of market drivers, as investors look ahead to a UK interest rate decision on Thursday.

Read more
20 Jun 2023 08:30

TOP NEWS: UK grocery inflation fades to year-to-date low - Kantar

(Alliance News) - UK grocery price inflation eased to its lowest level since last year, numbers on Tuesday showed, though it remained in robust shape, helping boost the market share of discounters.

Read more
20 Jun 2023 08:22

Broker tips: Ocado, Abcam

(Sharecast News) - Online supermarket Ocado was under the cosh on Tuesday after JPMorgan Cazenove cut its price target on the shares to 400p from 450p and placed the stock on 'negative catalyst watch' into first-half results.

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.