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Tag: ocado
Ocado Group PLC Price Target Increased to GBX 385 by Analysts at Jefferies Group
2015-02-07 22:24:25| Grocery - Topix.net
The firm currently has a "hold" rating on the stock. Jefferies Group's price objective would suggest a potential downside of 5.41% from the company's current price.
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Online success for Ocado with Morrisons deal
2015-02-04 15:22:23| Grocery - Topix.net
LINKING up with Bradford-based supermarket Morrisons helped online grocer Ocado to make an annual profit for the first time since it was founded nearly 15 years ago. It has turned losses of more than A 12 million into a pre-tax profit of A 7.2 million in the year to November 30. Ocado is 18 months into a A 170 million, 25-year delivery partnership with Morrisons.
Tags: online
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morrisons
Ocado makes first pretax profit, targets overseas deal
2015-02-03 13:14:54| Grocery - Topix.net
British online grocer Ocado reported an annual pretax profit for the first time in its 15 year history on Tuesday and said it aimed this year to seal its first technology deal with an overseas retailer. Ocado, founded by three former Goldman Sachs bankers in 2000, has divided analysts like few other stocks, with some viewing its door-step deliveries from giant distribution centres as the future of grocery shopping and others seeing it as a costly and complicated venture that will never make much money.
Tags: makes
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Ocado reports first annual profit
2015-02-03 12:09:59| Grocery - Topix.net
The company reported a pre-tax profit of A 7.2m last year on the back of a 20% jump in sales to A 948.9m. The company made a loss of A 12.5m in 2013.
Tags: reports
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annual reports
Ocado reports first annual profit
2015-02-03 11:45:15| BBC News | Business | UK Edition
Online grocer Ocado reports a full-year pre-tax profit for the first time since launching in 2000 as sales jump to almost 1bn.
Tags: reports
annual
profit
annual reports
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