Ocado Shares Surge After ‘Strong’ Half-Year

Ocado shares surge after ‘strong’ half-year

Ocado saw sales jump on the back of progress in its technology arm and reported rising demand from UK shoppers.

Ocado Pretax Profit Jumps on Valuation of M&S Joint Venture

Ocado Group Plc posted a rare pretax profit helped by the valuation of its grocery delivery joint venture with Marks & Spencer Group Plc.

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This is CNBC’s live blog covering European markets. Ocado shares surge 15% as supermarket aims to turn cash flow positive Shares of Ocado have surged by about 15% after the online-only British supermarket said its “core priority” was turn cash flow positive during the next financial year. In its half yearly update to investors, the company said its topline grew 13% year-on-year to £674 million ($903 million). The company deconsolidated its Ocado…

Ocado's promotions for first-time customers encourage repeat business bolstering H1 sales, says GlobalData

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following today’s release of Ocado’s figures for the 26 weeks ending 1 June 2025; Aliyah Siddika, retail analyst at GlobalData, a leading data and analytics company, offers her view: “Ocado Retail has had another strong start to the year, as retail revenues accelerated on an already impressive comparative pe…

Ocado On Track To Turn Cash Flow Positive After A Good First Half

Shares in Ocado Group surged higher this morning after the online supermarket and technology business stated that its priority was to turn cash flow positive during its next financial year. Reporting a 76.5% rise in first-half underlying earnings, the company (more…) The post Ocado On Track To Turn Cash Flow Positive After A Good First Half appeared first on KamCity.

Ocado commercial chief steps down after 18 months in role

Ocado chief commercial officer Amit Chitnis has stepped down after 18 months with the online retailer.