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Ocado First-Quarter Trading Statement – What The Analysts Said

Published on Mar 19 2019 2:49 PM in Retail tagged: Trending Posts / Ocado / Bernstein / GlobalData / Paywall / / Barclays Food Retail Equity Research

Ocado First-Quarter Trading Statement – What The Analysts Said

Ocado has posted an 11.2% increase in retail revenue in the first quarter of its financial year, with the business’s performance impacted by a fire at its Andover depot (pictured) in February.

“We all remain focused on delivering customers the very best service, quality, choice and value,” commented Tim Steiner, Ocado’s chief executive.

“Our commitment to these objectives underpinned the underlying progress we made in the quarter,” added Steiner.

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