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Ocado Full-Year Results: What The Analysts Said

Published on Feb 9 2021 1:39 PM in Technology tagged: Featured Post / Barclays / Ocado / Shore Capital / GlobalData / What The Analysts Said / Paywall / AJ Bell

Ocado Full-Year Results: What The Analysts Said

Online grocer and technology provider Ocado has posted full-year revenue growth of 32.7%, boosted by a 35.3% increase in revenue in its retail division.

Commenting on its performance, Ocado chief executive Tim Steiner said, The rapid acceleration of many pre-existing trends in business and society has been a feature of the COVID-19 crisis, and the dramatic channel shift in grocery is a clear example of this. The landscape for food retailing is changing, for good."

Here's how leading retail analysts viewed its performance.

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