Ocado Group PLC (LON:OCDO) said total capital expenditure in the current financial year will be around £700mln while last year's losses were reduced over fivefold. The online grocer is planning furth
The week ahead A number of companies report final results this week for periods ending October and November. Ocado Group PLC (LON:OCDO), which provides an online grocery platform and solutions, announ
Ocado consists of two businesses really: a UK online retailer and a retailing platform service it sells to other retailers. Both are decent businesses although sustained profitability looks far off.
Ocado raised its profit guidance for the third time this year, as continued Covid-19 restrictions in the U.K. boosted online shopping sales in the company's grocery arm.
In a report on Thursday, Ocado Group plc (LON: OCDO) said that its retail revenue in the fiscal fourth quarter came in significantly better than last year. The company attributed its hawkish performan
British online supermarket Ocado Group raised its core earnings forecast for 2019-20 for the second time in two months on Thursday as the COVID-19 pandemic continued to generate huge demand for home d
For years, it never made a profit – despite having bigger warehouses and better tech than its rivals. Post Covid-19, can Ocado go global?

Ocado Group: The Future Is Bright

10:06pm, Monday, 23'rd Nov 2020
The Ocado Group's future shines bright with all the potential of joining a very exclusive group of big, market-dominating tech companies in the years to come. Ocado's market performance to date is thr
Ocado doubles down on its mission to equip retailers like Kroger with the tech to take on ecommerce giants during the pandemic.
Ocado, a U.K.-based online grocery, is heightening its automation drive by acquiring two robotics companies. Owning Kindred Systems of San Francisco and Haddington Dynamics of Las Vegas will help Ocad
Ocado Group plc (LON: OCDO) raised its earnings guidance for the full year on Monday. The company said that trading remained robust at its joint venture with the British multinational retailer, Marks
Ocado has acquired San Francisco-headquartered robotics firm Kindred Systems for $262 million and Las Vegas firm Haddington Dynamics for $25 million.
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