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Ocado falls but markets rise on earnings optimism

Tuesday, July 10, 2018 - 01:35

Ocado, the online supermarket and technology company, reported a 13.9 percent fall in first-half core earnings on Tuesday, reflecting a step-up in investment in the business. As Thuy Ong reports, the results were released as markets lookahead with optimism to the corporate earnings season which is expected to deliver solid results.

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Ocado, the online supermarket and technology company, reported a 13.9 percent fall in first-half core earnings on Tuesday, reflecting a step-up in investment in the business. As Thuy Ong reports, the results were released as markets lookahead with optimism to the corporate earnings season which is expected to deliver solid results.

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Ocado falls but markets rise on earnings optimism

Tuesday, July 10, 2018 - 01:35