Raising FY24 EBITDA & cash flow guidance & Profitability23 Jul 2024 06:09
Clearly they knew the Kroger deal was coming in but couldnβt say at results time β¦.. what else do they know is about to come in π€ as they are confident to raise guidance.
βOcado has 13 OSP partners worldwide, and 22 CFCs live. By the end of FY24 Ocado expects to have 25 live CFCs. Ocado's technology is operating well across all sites and live partners are reporting high levels of customer satisfaction. CFCs scale to maturity and profitability over varying time frames, depending on a range of factors including size, geography, and commercial strategy. On average our partners' international CFCs have been open for a period of just over 2 years, so in the main they are in the earlier stage of their ramp.β
https://www.ocadogroup.com/our-business/osp-partners/