Britain's Ocado sees retail sales growth accelerate

LONDON, Sept 17 (Reuters) - British online supermarket and
technology company Ocado reported an acceleration in
retail sales growth in its latest quarter, helped by additional
capacity from its fourth automated warehouse.

For the 13 weeks to Sept. 1, its fiscal third quarter, Ocado
said retail revenue rose 11.4% to 386.3 million pounds. That
compares with first half growth of 9.7% and guidance of 10-15%
for the second half.

The results were the first since Ocado and Marks & Spencer
completed their joint venture deal in August to create
Ocado Retail.
(Reporting by James Davey, Editing by Paul Sandle)