Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video 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: 348.20
Bid: 347.70
Ask: 348.40
Change: -6.10 (-1.72%)
Spread: 0.70 (0.201%)
Open: 351.00
High: 353.80
Low: 345.60
Prev. Close: 354.30
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 2-UK lockdown drives fastest growth in grocery sales for over 25 years

Wed, 27th May 2020 08:51

(Adds details, table)
LONDON, May 27 (Reuters) - UK grocery sales grew at the
fastest rate since comparable records began in 1994 as Britons
adapted their behaviour in the national lockdown, industry data
showed on Wednesday.
Market researcher Kantar said total UK grocery sales rose
14.3% to 31.4 billion pounds ($38.6 billion) in the 12 weeks to
May 17 - a period which includes both the pre-lockdown rush to
the shops in March, and eight weeks of stay-at-home advice from
the government.
Britain has been in lockdown since March 23, though
restrictions are being gradually eased.
The sales increase reflects the shift in demand from the
out-of-home market, with pubs, cafes and restaurants closed in
the lockdown, to at-home food consumption.
Of Britain's big four grocers, industry leader Tesco
was the best performer with sales up 12.7%, followed by
No. 2 Sainsbury's with a 12.5% increase. No. 4
Morrisons' sales rose 9.8%, while Walmart-owned
Asda was the laggard with a 6.5% increase.
The overall star performers were the Co-operative, the No. 6
player, with a sales increase of 30.8%, and online grocer Ocado
, with a rise of 32.5%. And while discounter Aldi's
sales rose 10.4% it did see a loss of market share.
Kantar said that in the most recent four-week period to May
17, sales growth accelerated to 17.2% year-on-year as the
government announced the first easing of lockdown restrictions.
In the four weeks, the trend towards fewer, larger shops
evident in April continued. Kantar said shoppers visited a
supermarket 3.5 times per week on average, meaning 100 million
fewer trips overall than the same month last year, and increased
their spending each trip to 27.41 pounds ($33.7) – nearly 50%
more than during pre-crisis times.
Separately on Wednesday, rival market researcher Nielsen
highlighted record online grocery spending.

Market share and sales growth (%)
12 wks to 12 wks to pct change
May 17, 2020 May 19, 2019 in sales
Tesco 26.9 27.3 12.7
Sainsbury's 15.0 15.2 12.5
Asda 14.1 15.2 6.5
Morrisons 10.0 10.4 9.8
Aldi 7.7 8.0 10.4
Co-operative 7.0 6.1 30.8
Lidl 5.9 5.8 16.5
Waitrose 5.0 5.1 12.5
Iceland 2.4 2.1 28.6
Ocado 1.6 1.3 32.5
Source: Kantar

($1 = 0.8136 pounds)

(Reporting by James Davey; editing by Sarah Young, Larry King)

More News
11 Jul 2023 15:44

UK earnings, trading statements calendar - next 7 days

Wednesday 12 July 
Atalaya Mining PLCHalf Year Results
Carclo PLCFull Year Results
Grafton Group PLCTrading Statement
Loungers PLCFull Year Results
JD Wetherspoon PLCTrading Statement
ME Group International PLCHalf Year Results
PageGroup PLCTrading Statement
Renold PLCFull Year Results
Ten Entertainment Group PLCTrading Statement
Tharisa PLCTrading Statement
Tullow Oil PLCTrading Statement
Thursday 13 July 
Barratt Developments PLCTrading Statement
Brooks Macdonald Group PLCTrading Statement
Brunner Investment Trust PLCHalf Year Results
DCC PLCTrading Statement
DSW Capital PLCFull Year Results
Experian PLCTrading Statement
Hays PLCTrading Statement
Gym Group PLCTrading Statement
Hipgnosis Songs Fund LtdFull Year Results
Ilika PLCFull Year Results
John Wood Group PLCTrading Statement
musicMagpie PLCHalf Year Results
TClarke PLCHalf Year Results
Watches of Switzerland Group PLCFull Year Results
Friday 14 July 
Ashmore Group PLCTrading Statement
Burberry Group PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
McBride PLCTrading Statement
Ninety One PLC and LtdTrading Statement
Monday 17 July 
Brickability Group PLCFull Year Results
Gore Street Energy Storage Fund PLCFull Year Results
Northern Bear PLCFull Year Results
Tuesday 18 July 
Arbuthnot Banking Group PLCHalf Year Results
Artisanal Spirits Co PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
Luceco PLCTrading Statement
Midwich Group PLCTrading Statement
Ocado Group PLCHalf Year Results
Petra Diamonds LtdTrading Statement
Record PLCTrading Statement
Rio Tinto PLCTrading Statement
Wise PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
10 Jul 2023 09:27

LONDON BROKER RATINGS: HSBC downgrades commercial property stocks

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

Read more
10 Jul 2023 08:24

Ocado launches first robotic warehouse in Asia with Aeon

LONDON, July 10 (Reuters) - British online supermarket and technology group Ocado said on Monday its first robotic warehouse in Asia, built for Japanese partner Aeon , has gone live.

Read more
7 Jul 2023 09:31

LONDON BROKER RATINGS: HSBC raises ConvaTec; Berenberg cuts BHP

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

Read more
6 Jul 2023 09:25

LONDON BROKER RATINGS: JPMorgan raises Mondi and Smurfit Kappa

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

Read more
4 Jul 2023 16:49

LONDON MARKET CLOSE: Tepid close after quiet day with US market closed

(Alliance News) - Stocks in London were largely higher on Tuesday, though the FTSE 100 slipped into the red amid weakness, while US markets were shut for the independence day holiday.

Read more
29 Jun 2023 17:01

AutoStore to appeal London high court loss to Ocado in patent feud

LONDON, June 29 (Reuters) - Norwegian robotics firm AutoStore said on Thursday it will appeal a London high court judgement in March which dismissed its patent infringement claims against British online supermarket and technology group Ocado.

Read more
29 Jun 2023 08:48

LONDON MARKET OPEN: Tough talk from central bankers sends stocks lower

(Alliance News) - Stock prices in London were lower on Thursday morning after major central bank chiefs made it clear on Wednesday that global interest rates will keep rising.

Read more
29 Jun 2023 05:59

Ocado announces price cuts to milk and other 'everyday essentials'

(Alliance News) - Ocado Group PLC has announced price cuts on milk and other items as grocers compete to pass on falls in wholesale costs to customers.

Read more
29 Jun 2023 00:01

Britain's Ocado follows rivals in cutting some prices

Ocado cuts prices of over 100 essential items

*

Read more
28 Jun 2023 15:51

Ocado drops after media report of Amazon denying possible bid

LONDON, June 28 (Reuters) - Ocado shares fell as much as 11% on Wednesday, with traders attributing the drop to a media report that Amazon had denied speculation it would make a bid for the British retail company.

Read more
28 Jun 2023 12:34

Ocado drops after media report of Amazon denying possible bid

LONDON, June 28 (Reuters) - Ocado shares fell by as much as 11% on Wednesday, with traders attributing the drop to a media report that said Amazon had denied reports it would make a bid for the retail company.

Read more
27 Jun 2023 16:58

LONDON MARKET CLOSE: FTSE 100 edges up after strong start in New York

(Alliance News) - Blue-chip equities in Europe ended higher on Tuesday, though the FTSE 100 underperformed and ended with only a minor gain, as initial bullish trade following optimism out of China gave way to caution as the day wore on.

Read more
27 Jun 2023 16:56

IN BRIEF: Ocado adds former Ted Baker CEO Osborne to board as non-exec

Ocado Group PLC - Hertfordshire-based online grocer and warehouse technology firm - Appoints Rachel Osborne as independent non-executive director from September 1. She is the former chief executive officer of fashion retailer Ted Baker. Osborne was formerly chief financial officer of Debenhams PLC and Domino's Pizza Group PLC and was finance director of John Lewis Division within the John Lewis Partnership.

Read more
26 Jun 2023 16:23

Agnelli-backed firm discloses 5% Ocado stake

LONDON, June 26 (Reuters) - Lingotto Investment Management, a firm owned by the Exor NV holding company of Italy's Agnelli industrial dynasty, on Monday disclosed a 5% holding in Ocado, the British online supermarket and technology group.

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.