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Incident continued at Andover CFC

6 Feb 2019 08:43

RNS Number : 2325P
Ocado Group PLC
06 February 2019
 

This announcement contains inside information 

 

6 February 2019Ocado Group PLC ("Ocado" or the "Group") Incident continued at Andover Customer Fulfilment Centre ("CFC")

 

 

Unfortunately the fire which started yesterday morning in a corner of the ambient grid was not contained as we believed, and last night expanded. Whilst we are informed by the Fire Brigade that it is now under control, during the night part of the roof collapsed and there has been substantial damage to the majority of the building and its contents.

Ocado confirms that no members of the Ocado team or the public have been injured. We are very grateful to the members of the emergency services for their efforts.Once we have had time to assess the damage and prepare a plan to return the CFC to operation we will update further as appropriate. As Andover was providing approximately 10% of our current capacity, as a result of this incident there will be a constraint on our ability to meet our growing customer demand and there will be a reduction in sales growth until we can increase capacity elsewhere. Ocado has comprehensive insurance for the property, stock and equipment on site, and for business interruption losses.

 

ContactsTim Steiner, Chief Executive Officer on 020 7353 4200 today or 01707 228 000Duncan Tatton-Brown, Chief Financial Officer on 020 7353 4200 today or 01707 228 000David Shriver, Director of Communications, on 020 7353 4200 today or 01707 228 000Martin Robinson at Tulchan Communications on 020 7353 4200Person responsible for arranging the release of this announcement:Neill AbramsCompany SecretaryOcado Group plcBuildings One & TwoTrident PlaceMosquito WayHatfieldHertfordshire AL10 9ULFax: +44 (0)1707 227 997email: company.secretary@ocado.comOcado Group plc LEI: 213800LO8F61YB8MBC74

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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