💪 Strong revenue growth, up 12.6% 📈 Higher adjusted Group EBITDA, £71.2m, up from £16.6m 📉 Lower underlying cash outflow, an improvement of £101m Read our full 2024 Half Year Results: https://lnkd.in/e_hwWD93 #OcadoGroup #OcadoGroupResults #OnlineGrocery
About us
We’re Ocado Group - a global, technology business redefining ecommerce, fulfilment and logistics in online grocery and distribution industries. Our cutting-edge, proprietary technology enables our partners and customers to win in their markets, develop a competitive advantage and offer an unparalleled customer proposition. Our mission is simple — to change the way the world shops for good. Our heritage as the UK’s largest pure-play online grocer through Ocado Retail LTD (a 50:50 joint venture with M&S), and expertise in high-performing logistics and fulfilment through Ocado Logistics, has equipped us with technology innovation, expertise and operational know-how to build and innovate the Ocado Smart Platform (OSP). OSP is the world’s leading ecommerce, fulfilment and logistics platform designed for the unique demands of online grocery and trusted by leading online grocery retailers worldwide. Now, with Ocado Intelligent Automation (OIA), our unparalleled experience and proven automated retrieval and storage technology is helping businesses outside of online grocery future-proof their fulfilment operations.
- Website
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https://www.ocadogroup.com
External link for Ocado Group
- Industry
- IT Services and IT Consulting
- Company size
- 10,001+ employees
- Headquarters
- Hatfield, Hertfordshire
- Type
- Public Company
- Specialties
- Online retail, UK grocery delivery service, Technology, IT, Engineering, Logistics, Operations, Customer Service, Supply Chain, Grocery, Finance, Automation, and Robotics
Locations
Employees at Ocado Group
Updates
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Joining us for Half Year Results, Rodney McMullen, Chairman and CEO of Kroger, reflects on our unique partnership, delivering value, range and convenience for shoppers. Read more: https://lnkd.in/eU4sSDZS #OcadoGroup #OcadoGroupResults #OnlineGrocery
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Ocado Retail, our joint venture with Marks and Spencer, is the UK’s fastest-growing food retailer for five months in a row! As announced in yesterday's Half Year Results, Ocado Retail continues to lead in online grocery with +11% sales growth evidencing continued demand in the channel and their leading customer proposition. Congratulations to all our colleagues at Ocado Retail! #OcadoGroup #Ocado #OnlineGrocery #UK
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Today we announced our Half Year Results. We continued making financial, operational and strategic progress, and are raising guidance for underlying cash flow and Technology Solutions EBITDA. Get all the details: https://lnkd.in/e_hwWD93 #OcadoGroup #OcadoGroupResults
Half Year Results 2024
ocadogroup.com
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We will announce our 2024 Half Year Results tomorrow at 09:30 AM GMT. Register now to watch live: https://lnkd.in/eRBTAKgE #OcadoGroup #OcadoGroupResults
FY24 Half Year Preliminary Results Announcement
lsegissuerservices.com
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We will announce our 2024 Half Year Results on 16 July. Register now to watch live. #OcadoGroup #OcadoGroupResults
FY24 Half Year Preliminary Results Announcement
lsegissuerservices.com
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Ocado Group reposted this
My blog on operationalising responsible AI at Ocado Group has just gone live! I argue that responsible AI is successful AI, as proactive consideration of fairness, accountability & transparency throughout the AI lifecycle: a) ensures that systems function as intended and b) prevents costly mistakes. https://lnkd.in/eAie9M4t My tips for getting started with responsible AI also include: 📢 boosting awareness through an AI ‘roadshow’ 🗣️ finding ways to widen & support the responsible AI conversation 📋 the need for an AI registry to get an early & bird’s eye view of your AI operations What else has worked in your organisations? #responsibleAI #AIgovernance
Ocado Group outlines future-facing Responsible AI Framework
ocadogroup.com
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We're proud to celebrate the continued expansion of our partnership with AEON, with a third Customer Fulfilment Centre (CFC) announced to go live in Kuki-Miyashiro in 2027. In addition, AEON will upgrade its live operations with our latest technologies, including On-Grid Robotic Pick (OGRP). Tim Steiner, Ocado Group CEO: "Today is an exciting moment for AEON and Ocado’s relationship as we deepen our already strong partnership. As demonstrated by the state-of-the-art CFC live in Honda, Ocado is helping AEON NEXT to provide a seamless online grocery experience to customers across Tokyo. We can’t wait to bring this service to even more customers in the years to come.” #OcadoGroup #OnlineGrocery #Japan AEON_ AEON Co., Ltd.
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Great to see Customer Fulfilment Centres (CFCs) driving strong growth for Kroger Delivery in their Q1 Results today. “The Kroger delivery network has experienced remarkable growth with sales nearly doubling this quarter versus last year. As we focus on providing an incredible customer experience, we are learning and adjusting the delivery network.” - Rodney McMullen, Kroger CEO #OcadoGroup #OnlineGrocery #Kroger
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We are welcoming Gavin Patterson to the Board as Non-Executive Director. Formerly President and Chief Revenue Officer of Salesforce and Group Chief Executive Officer of BT, Gavin brings a wealth of expertise leading large multinational organisations and has highly relevant experience in the global marketplace for platform services. #OcadoGroup #OnlineGrocery