Picture of Ocado logo

OCDO Ocado News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsHighly SpeculativeMid CapSucker Stock

REG - Ocado Group PLC - Trading Statement <Origin Href="QuoteRef">OCDO.L</Origin>

RNS Number : 0907C
Ocado Group PLC
14 January 2015

14 January 2015

Ocado Group plc

Christmas Trading Statement

Gross sales (Retail) for the 31 days of December were 14.8% up on last year.

Tim Steiner, Chief Executive Officer of Ocado, said:

"We continued the solid growth performance from Quarter 4 into the run up to Christmas. On our biggest day leading up to Christmas, sales were nearly 6m, up over 15% on the previous year. In the seven days to Christmas, our CFCs processed nearly 40% more items for Ocado.com and Morrisons.com than over the same period last year, demonstrating the capabilities of our facilities.

"Our focus remained on delivering the highest service levels at this very important time for customers, while offering the widest range at competitive prices."

The Preliminary Results Announcement will be made on 3 February 2015.

Contacts

Duncan Tatton-Brown, Chief Financial Officer, on 01707 228 000

David Hardiman-Evans, Head of IR & Corporate Finance, on 01707 228 000

David Shriver or Katharine Wynne, Tulchan Communications on 020 7353 4200

Notes

1. Gross sales (Retail) refers to the results of Ocado.com, Fetch.co.uk and Sizzle.co.uk, our retail operations. Gross sales include revenue plus VAT and marketing vouchers.

2. The figures used in this announcement are unaudited.

3. A copy of this trading update is available onwww.ocadogroup.com.


This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTPKNDKDBKBBDD

Recent news on Ocado

See all news