Edition:
United Kingdom

Ocado Group PLC (OCDO.L)

OCDO.L on London Stock Exchange

815.00GBp
14 Dec 2018
Change (% chg)

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815.00
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2,373,869
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1,163.00
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331.50

Latest Key Developments (Source: Significant Developments)

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

Ocado talking to lots of retailers, expects further deals
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Ocado ::CFO SAYS WILL INTRODUCE SEGMENTAL REPORTING TO MAKE CLEAR SPLIT BETWEEN UK RETAIL AND INTL SOLUTIONS UNITS.CEO SAYS CASINO DEAL IS NEW, SEPARATE FROM DEAL ANNOUNCED EARLIER THIS YEAR.CEO SAYS TALKING TO LOTS OF RETAILERS, EXPECT FURTHER DEALS.CEO SAYS NEW GROUPE CASINO CFC WILL BE BIGGER THAN ITS ANDOVER CFC WHICH IS ABLE TO HANDLE 350 MILLION STG OF SALES.  Full Article

ISS to provide integrated service solution at new Ocado HQ
Tuesday, 14 Feb 2017 

Iss A/S : Iss a/s-iss to provide FM at new Ocado HQ . Will provide an integrated service solution to Ocado at their new Head Office address in Hatfield .Says it includes catering and hospitality, building maintenance services, cleaning, waste, energy and environmental management and health and safety management.  Full Article

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Ocado upbeat on 2019 prospects after transformative year

LONDON British online grocer Ocado saw sales growth edge higher over the last three months, forecast a strong Christmas and said it was confident about prospects for 2019, sending its shares higher.