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Ocado Group PLC (OCDO.L)

OCDO.L on London Stock Exchange

1,398.50GBp
3:17pm BST
Change (% chg)

-1.50 (-0.11%)
Prev Close
1,400.00
Open
1,401.50
Day's High
1,417.00
Day's Low
1,391.50
Volume
704,440
Avg. Vol
1,973,566
52-wk High
1,439.50
52-wk Low
501.40

Latest Key Developments (Source: Significant Developments)

Ocado expects sales impact from fire in Q2 of 3 pct - finance chief
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Ocado ::CFO SAYS INITIAL FEEDBACK TO NEW ZOOM SERVICE POSITIVE.CFO SAYS REASONABLE TO EXPECT ANNOUNCEMENT OF 5TH UK CFC AROUND TIME OF FIRST HALF RESULTS.CFO SAYS EXPECTS SALES IMPACT OF ANDOVER FIRE IN Q2 TO BE ABOUT 3 PERCENT.  Full Article

Waitrose Says Commercial Arrangement With Ocado To End In Sept. 2020
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Waitrose & Partners: :CONFIRMS ITS COMMERCIAL ARRANGEMENT WITH OCADO WILL COME TO AN END IN SEPTEMBER 2020, IN LINE WITH CONTRACTUAL TERMS.PLANNING A SECOND FULFILMENT CENTRE IN LONDON.  Full Article

Ocado Confirms Discussions With Marks & Spencer For UK Retail JV
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - Ocado Group PLC ::RESPONSE TO MEDIA SPECULATION.CONFIRMS THAT IT IS IN DISCUSSIONS WITH MARKS AND SPENCER GROUP PLC REGARDING A JOINT VENTURE IN UK RETAIL.  Full Article

Ocado Sees Lower Sales Growth After Fire At Andover Fulfilment Centre
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Ocado Group PLC ::OCADO GROUP PLC - INCIDENT CONTINUED AT ANDOVER CFC.OCADO GROUP PLC - INCIDENT CONTINUED AT ANDOVER CUSTOMER FULFILMENT CENTRE.OCADO GROUP PLC - FIRE WHICH STARTED YESTERDAY MORNING IN A CORNER OF AMBIENT GRID WAS NOT CONTAINED AS WE BELIEVED, AND LAST NIGHT EXPANDED.OCADO GROUP PLC - CONFIRMS THAT NO MEMBERS OF OCADO TEAM OR PUBLIC HAVE BEEN INJURED.OCADO GROUP PLC - DURING NIGHT PART OF ROOF COLLAPSED AND THERE HAS BEEN SUBSTANTIAL DAMAGE TO MAJORITY OF BUILDING AND ITS CONTENTS.OCADO GROUP PLC - PREPARE A PLAN TO RETURN CFC TO OPERATION WE WILL UPDATE FURTHER AS APPROPRIATE.OCADO GROUP PLC - CONFIRMS THAT NO MEMBERS OF OCADO TEAM OR PUBLIC HAVE BEEN INJURED.OCADO GROUP PLC - ANDOVER WAS PROVIDING APPROXIMATELY 10% OF OUR CURRENT CAPACITY.OCADO GROUP PLC - RESULT OF INCIDENT THERE WILL BE A CONSTRAINT ON ABILITY TO MEET GROWING CUSTOMER DEMAND.OCADO GROUP PLC - HAS COMPREHENSIVE INSURANCE FOR PROPERTY, STOCK AND EQUIPMENT ON SITE, AND FOR BUSINESS INTERRUPTION LOSSES.OCADO GROUP PLC - THERE WILL BE A REDUCTION IN SALES GROWTH UNTIL CO CAN INCREASE CAPACITY ELSEWHERE.  Full Article

Ocado Reports Fire At Andover Customer Fulfilment Centre
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Ocado Group PLC ::INCIDENT AT ANDOVER CUSTOMER FULFILMENT CENTRE.ANDOVER SUSPENDED OPERATION THIS MORNING PREVENTING FURTHER FULFILMENT OF ORDERS.ON TUESDAY, 5 FEBRUARY 2019, A FIRE STARTED IN A SECTION OF AMBIENT GRID OF CO'S ANDOVER CFC.INCIDENT, MEASURES BEING TAKEN TO CONTAIN IT APPEARS TO HAVE AFFECTED A PROPORTION OF MECHANICAL HANDLING EQUIPMENT AND SOME OF GRID.FIRE BRIGADE IS ON ANDOVER SITE.  Full Article

Ocado "expecting best ever Christmas" - CFO
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Ocado Group PLC ::CFO SAYS "EXPECTING BEST EVER CHRISTMAS".  Full Article

Kroger Announces Cincinnati Region As Selection For America’s First Customer Fulfillment Center
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Kroger Co ::KROGER - ANNOUNCED CINCINNATI REGION AS ITS SELECTION FOR AMERICA’S FIRST CUSTOMER FULFILLMENT CENTER.KROGER - IS INVESTING $55 MILLION TO BUILD THE FIRST CFC; IS PLANNING TO OPEN 20 CFCS.  Full Article

Ocado CFO expects larger pretax loss in 2018 than current market consensus
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Ocado Group PLC ::CFO SAYS EXPECTS FIRM TO MAKE LARGER FULL YEAR 2018 PRETAX LOSS THAN CURRENT MARKET CONSENSUS.  Full Article

Ocado CFO: Kruger deal is 'transformational'
Thursday, 17 May 2018 

May 17 (Reuters) - Ocado ::CFO SAYS STILL IN NEGOTIATIONS WITH KROGER AND FINAL DETAILED DEAL STLL TO BE SIGNED.CFO SAYS 'PRETTY OPTIMISTIC' CAN FUND KROGER PARTNERSHIP WITHOUT GOING TO INVESTORS.CFO SAYS KROGER PARTNERSHIP 'MULTI-YEAR PLAN WITH A LOT TO DO'.CFO SAYS KROGER PARTNERSHIP IS A "QUANTUM DIFFERENCE" THAN PREVIOUS DEALS.CFO SAYS KROGER WILL ALSO HAVE ACCESS TO ITS SOFTWARE, IF IT CHOOSES, FOR STORE PICKING.CFO SAYS POST-KROGER DEAL, SEVEN MAJOR GROCERS WILL BE ON PLATFORM, CREATING URGENCY FOR ANY OTHERS WHO WANT TO JOIN.CFO SAYS CONFIDENT IT CAN RAMP UP TO MEET KROGER'S AMBITIONS.CFO SAYS KRUGER TAKING A STAKE IS EVIDENCE OF THE STRENGTH OF ITS TECHNOLOGY PLATFORM.  Full Article

Ocado says driver shortage that hit sales mostly London, south east England
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Ocado ::CFO SAYS DRIVER SHORTAGE THAT AFFECTED SALES WAS MOSTLY IN PARTS OF LONDON AND SOUTH EAST OF ENGLAND.CFO SAYS DRIVER SHORTAGE THAT AFFECTED SALES NOT UNIQUE TO OCADO.CFO SAYS DRIVER SHORTAGE HAS PUSHED UP WAGE RATES IN SOME LOCATIONS.CFO SAYS Q4 SALES GROWTH WOULD HAVE BEEN "CLOSER TO 13 PERCENT" IF DIDN'T HAVE DRIVER SHORTAGE.  Full Article

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