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Ocado Group

Current Price 308.30p Bid 302.40p Ask 315.30p Change 4.05%
Last Updated: 21/12/2024 14:35. 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 01/12/2019

Revenue
£1,756.60m
Operating Profit/Loss
£-186.50m
Dividend yield (%)
n/a
Total dividend for year
n/ap
Dividend cover
n/a
P/E Ratio
n/a

Key Personnel

Mr Tim Steiner
Chief Executive Officer
Mr Stephen Daintith
Chief Financial Officer
Mr Neill Abrams
General Counsel and Company Secretary
Mr Adam Warby
Independent Non-Executive Director
Mr Nadia Shouraboura
Independent Non-Executive Director
Mr Rachel Osborne
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
£1,928.29m

Analyst Views (15)

Strong Buy
 
33.33%
Buy
 
0%
Hold
 
26.67%
Sell
 
40.00%
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
308.30p
Bid Price
302.40p
Ask Price
315.30p
Volume
675,255
Change Today
12.00p
% Change Today
4.05%
Open
295.00p
Previous Close
308.30p
Intraday High
309.30p
Intraday Low
293.20p
52 Week High
760.00p
52 Week Low
282.60p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

UK supermarket sales set to top £13bn in December 10/12/2024 09:52:10 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

Income Statement

Year End Date
01 Dec 2019
02 Dec 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
1,756.60
1,598.80
Operating Profit/Loss
-186.50
-33.10
Net Interest
-27.60
-12.50
Pre-Tax Profit
-214.50
-44.40
Profit After Tax from continuing operations
-211.80
-44.90
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-211.80
-44.90
Attributable to:
Equity Holders of Parent Company
-213.10
-44.90
Minority Interests
1.30
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
01 Dec 2019
02 Dec 2018
Basic
-29.37p
-6.85p
Diluted
-29.37p
-6.85p
Adjusted
-29.37p
-6.85p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
01 Dec 2019
02 Dec 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
837.40
556.70
Intangible Assets
190.50
143.20
Investment Properties
n/a
n/a
Investments
50.50
52.20
Other Financial Assets
177.30
4.10
Other Non-Current Assets
28.30
17.40
Current Assets
Inventories
52.30
56.50
Trade & Other Receivables
150.00
104.70
Cash at Bank & In Hand
750.60
410.80
Current Asset Investments
n/a
n/a
Other Current Assets
56.30
4.30
Other Assets
n/a
n/a
Total Assets
2,293.20
1,349.90

Liabilities

Year End Date
01 Dec 2019
02 Dec 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
50.10
22.90
Other Current Liabilities
409.20
306.40
Total Current Liabilities
459.30
329.30
Non-Current Liabilities
Borrowings
558.10
337.70
Provisions
30.80
17.70
Other Non-Current Liabilities
186.70
108.60
Total Non-Current Liabilities
775.60
464.00
Other Liabilities
n/a
n/a
Total Liabilities
1,234.90
793.30

Net Assets

Year End Date
01 Dec 2019
02 Dec 2018
 
£ (M)
£ (M)
Net Assets
1,058.30
556.60

Capital & Reserves

Year End Date
01 Dec 2019
02 Dec 2018
 
£ (M)
£ (M)
Share Capital
14.20
14.00
Share Premium Account
705.30
589.90
Other Reserves
-225.80
-124.00
Retained Earnings
555.20
76.70
Shareholders Funds
1,048.90
556.60
Minority Interests/Other Equity
9.40
n/a
Total Equity
1,058.30
556.60

Dividend History

Dividend Metrics

Year End Date
01 Dec 2019
02 Dec 2018
Dividend growth
n/a%
n/a%
Dividend yield
n/a%
n/a%
Dividend cover
n/a
n/a


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