Ocado Retail, a partnership between online-only operator Ocado and Marks & Spencer, has reported a 39.7% increase in first-quarter revenue, to £599 million (€700 million).
"Over the past year, large numbers of UK consumers have made a permanent shift to online grocery shopping," commented Melanie Smith, Ocado Retail chief executive. "Ocado Retail is best placed to serve these customers."
Here's how leading retail analysts viewed its performance:
