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Ocado eyes increased sales growth in Q4
News Online grocer Ocado said gross sales increased 9.9 per cent in the 12 weeks to August 5th 2012 and expects an increase in the rate of sale growth in the fourth quarter.
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Will Ocado ever make decent profits?
Features Despite providing a decent service, Ocado isn't making much in the way of profits. Phil Oakley examines whether its fortunes are likely to improve, or if it's a share to avoid.
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New FD for Ocado
News Ocado said it had poached the financial director of the Fitness First Group as the online shopping firm strives to continue its recent successes.
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Sales growth rises at Ocado
News Online grocer Ocado said it expects year on year gross sales growth of around 13% for the 12 weeks ending 13 May as demand for online food shopping grows and it overcomes constraints at its warehouse in Hatfield.
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Ocado sees acceleration in sales
News Online grocer Ocado said it expects to see an acceleration in sales growth as the year progresses as its Hatfield distribution centre, which suffered capacity problems in November, is now running at record levels of capacity.
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Why you should avoid Ocado shares
Features The fact that delivery company Ocado failed to make a profit in 2011 should come as no surprise. But will it ever make a decent return for its investors? Phil Oakley investigates.
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Ocado expects sales growth to improve
News Groceries delivery firm Ocado is still losing money, albeit at a slower rate, but reckons its sales growth in 2011 outdid others in the sector, while top-line growth in 2012 should accelerate once its sorts out its capacity constraints.
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Ocado CFO off to Michael Page
News There is to be a small shake-up at the top at groceries deliverer Ocado after the group's Chief Financial Officer, Andrew Bracey, announced his intention to turn over a new leaf at Michael Page, the recruitment firm.
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Ocado enjoys festive bounce
News Online grocer Ocado enjoyed a festive surge with gross sales in the seven trading days to Christmas rising 23.8% from the same period in 2010.
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