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Ocado Group

Current Price 305.10p Bid 304.90p Ask 305.40p Change 0.53%
Last Updated: 21/11/2024 09:27. Prices delayed by at least 15 minutes.
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Company Overview

Ocado Group plc is a global technology business redefining e-commerce, fulfilment, and logistics in online grocery and beyond. The Company's segments include Retail, Logistics, and Technology Solutions. The Retail segment provides online grocery and general merchandise offerings to customers within the United Kingdom and relates entirely to the Ocado Retail joint venture. The Logistics segment provides the customer fulfilment centers (CFCs) and logistics services for customers in the United Kingdom (Wm Morrison Supermarkets Limited and Ocado Retail Limited). The Technology Solutions segment provides end-to-end online retail and automated storage and retrieval solutions for general merchandise to corporate customers both in and outside of the United Kingdom.

Financial Highlights Year Ended 03/12/2023

Revenue
£2,825.00m
Operating Profit/Loss
£-331.30m
Dividend yield (%)
n/a
Total dividend for year
n/ap
Dividend cover
n/a
P/E Ratio
n/a
More Financials

Key Personnel

Mr Tim Steiner
Chief Executive Officer
Mr Stephen Daintith
Chief Financial Officer
Mr Neill Abrams
General Counsel and Company Secretary
Mr Nadia Shouraboura
Independent Non-Executive Director
Mr Rachel Osborne
Independent Non-Executive Director
Mr Richard N (Rick) Haythornthwaite
Independent Non-Executive Director
Mrs Emma Lloyd
Independent Non-Executive Director
Ms Julia M Brown
Independent Non-Executive Director
Mr Gavin Patterson
Non-Executive Director
Mr Jorn Rausing
Non-Executive Director
Ms Julie Southern
Non-Executive Director
Mr Andrew Harrison
Senior Independent Director

Stock Details

EPIC
OCDOL
ISIN
GB00B3MBS747
Shares in Issue
625.46m
Market cap
£1,908.27m

Analyst Views (15)

Strong Buy
 
40.00%
Buy
 
0%
Hold
 
26.67%
Sell
 
33.33%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
305.10p
Bid Price
304.90p
Ask Price
305.40p
Volume
53,812
Change Today
1.60p
% Change Today
0.53%
Open
303.80p
Previous Close
303.50p
Intraday High
306.30p
Intraday Low
303.40p
52 Week High
790.00p
52 Week Low
282.60p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

More Charts

News

Ocado names tech veteran Adam Warby as chair designate 31/10/2024 07:19:47 Ocado lining up former Microsoft executive as next chairman - report 21/10/2024 13:37:03 Sunday newspaper round-up: Climate Change, The Telegraph, Stamp duty 06/10/2024 12:19:22 Virgin Wines agrees strategic partnership with Ocado 04/10/2024 07:37:17 Ocado lifts full-year guidance as Q3 revenues jump 19/09/2024 07:14:16 Ocado launches two new Coles fulfilment centres in Australia 27/08/2024 07:14:41 Grocery price inflation rises for first time since March 2023 13/08/2024 11:17:58 Ocado prices £250m guaranteed bonds, £350m unsecured notes 30/07/2024 12:01:11 Kroger places order for new Ocado automated technologies 22/07/2024 07:21:42 Ocado narrows H1 losses, lifts guidance for tech division 16/07/2024 07:03:43 Bernstein downgrades Ocado to 'underperform', slashes price target 15/07/2024 09:21:35 Ocado to build third factory in Japan with online grocer AEON 08/07/2024 07:10:45 Ocado tanks as Canadian partner Sobeys pauses go-live of Vancouver CFC 20/06/2024 12:44:48 Wet weather sees slowdown in grocery sales 18/06/2024 09:42:13 Short-lived sunny spell helps boost UK supermarkets 31/05/2024 09:35:03 Shoppers clamber for deals as grocery inflation slows further 23/04/2024 08:57:11 Ocado shareholders reportedly pushing for move to NYSE 22/04/2024 09:52:08 Ocado chair Haythornthwaite to step down next year 04/04/2024 08:03:28 Ocado facing opposition to £15m bonus for Tim Steiner 25/03/2024 12:07:01 Ocado returns to profit in 2023 29/02/2024 07:21:27 Ocado forecasts return to FY positive core earnings as sales rise 16/01/2024 07:16:06 Ocado shares jump but Goldman sees little upside 14/12/2023 09:57:48 JP Morgan upgrades Ocado ahead of internet sector "revival" 06/12/2023 08:35:45

Income Statement

Year End Date
03 Dec 2023
27 Nov 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
2,825.00
2,516.80
Operating Profit/Loss
-331.30
-451.20
Net Interest
-70.00
-48.20
Pre-Tax Profit
-403.20
-500.80
Profit After Tax from continuing operations
-387.00
-481.30
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-387.00
-481.30
Attributable to:
Equity Holders of Parent Company
-314.00
-455.50
Minority Interests
-73.00
-25.80
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
03 Dec 2023
27 Nov 2022
Basic
-38.44p
-58.93p
Diluted
-38.44p
-58.93p
Adjusted
-38.44p
-58.93p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
03 Dec 2023
27 Nov 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
2,223.00
2,271.70
Intangible Assets
619.90
541.90
Investment Properties
n/a
n/a
Investments
9.50
15.60
Other Financial Assets
87.30
209.00
Other Non-Current Assets
51.80
1.90
Current Assets
Inventories
127.10
106.80
Trade & Other Receivables
375.40
329.30
Cash at Bank & In Hand
884.80
1,328.00
Current Asset Investments
n/a
n/a
Other Current Assets
50.20
9.00
Other Assets
n/a
n/a
Total Assets
4,429.00
4,813.20

Liabilities

Year End Date
03 Dec 2023
27 Nov 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
55.50
68.80
Other Current Liabilities
521.30
538.00
Total Current Liabilities
576.80
606.80
Non-Current Liabilities
Borrowings
1,904.40
1,836.30
Provisions
27.60
40.10
Other Non-Current Liabilities
409.20
395.70
Total Non-Current Liabilities
2,341.20
2,272.10
Other Liabilities
n/a
n/a
Total Liabilities
2,918.00
2,878.90

Net Assets

Year End Date
03 Dec 2023
27 Nov 2022
 
£ (M)
£ (M)
Net Assets
1,511.00
1,934.30

Capital & Reserves

Year End Date
03 Dec 2023
27 Nov 2022
 
£ (M)
£ (M)
Share Capital
16.60
16.50
Share Premium Account
1,942.90
1,939.30
Other Reserves
-22.30
51.10
Retained Earnings
-449.80
-169.00
Shareholders Funds
1,487.40
1,837.90
Minority Interests/Other Equity
23.60
96.40
Total Equity
1,511.00
1,934.30

Dividend History

Dividend Metrics

Year End Date
03 Dec 2023
27 Nov 2022
Dividend growth
n/a%
n/a%
Dividend yield
n/a%
n/a%
Dividend cover
n/a
n/a


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