Ocado revenue 2019 *nIn May 2019, Morrisons and Ocado agreed to a temporary suspension of the Morrisons. Read our 2019 Annual Report, including an Annual Review and our Journey and Values, Strategic Report, Corporate Governance & Financial Statements. Ocado's revenue growth for fiscal years ending December 2019 to 2023 averaged 12. Dec 1, 2019 · Business metrics and revenue breakdowns for Ocado Group (OCDGF). Revenue for Ocado (OCDO. 6 River Systems's valuation in September 2019 was $450M. Find top employees, contact details and business statistics at RocketReach. Jul 17, 2025 · In August 2019, the Group sold 50% of the shares it held in Ocado Retail Limited (“Ocado Retailˮ or “ORLˮ) to Marks and Spencer plc (“M&Sˮ). The revenue is the total amount of income that a company generates by the sale of goods or Jul 23, 2025 · E-commerce as share of total retail sales worldwide 2021-2027 Biggest online retailers in the U. 8% to £105. Nov 19, 2024 · Ocado Group revenue worldwide 2011-2024 Ocado number of active customers 2018-2024 Ocado average basket value 2018-2024 Ocado average orders per week 2018-2024 Ocado Group PLC has early adopted IFRS 15, the new revenue recognition standard, and this report on our performance in 2018 against the comparative period in 2017 is under the new standard. Change (1 year) 🛍️ Retail 🛒 E-Commerce 🖥️ Internet 👩💻 Tech 🍴 Food Categories Market cap Revenue Earnings Price history P/E ratio P/S ratio Annual Reports More 3 days ago · Ocado Group’s fair value estimate has recently been adjusted downward, with its price target slipping from £2. 4 million in revenue and 2,178 employees. Mar 26, 2024 · Shares in Ocado (OCDO) were marginally higher at 463p this morning as the online grocer reported a 10. Ocado's operated at median ev / revenue of 5. 2x from fiscal years ending December 2019 to 2023. grocery market. Ocado. The revenue is the total amount of income that a company generates by the sale of goods or services Nick joined Ocado Group as Chief Revenue Officer in November 2025 from Atos, where he served in a number of executive leadership positions, including Global Head of Sales, Global Head of Geographic Growth, and Interim CEO for the UK & Ireland. 3m. Includes revenue by product/segment and other key performance indicators. 2% compared to fiscal year 2022. Additionally, around 25% of businesses are thinking of integrating online grocery services in LONDON (Alliance News) - Stock prices in London are set for a subdued start on Tuesday, following Asian equity markets lower, as the US Federal Reserve starts its two-day monetary policy meeting and with Brexit politics swirling in the background. Something went wrong while submitting the form. Dec 1, 2024 · As of December 1, 2024, Ocado Group had approximately ***thousand employees across its Technology Solutions and Ocado Logistics segments. Shopify paid $450 million for 6 River Systems in 2019. 12 Billion. Apr 10, 2025 · Current and historical revenue information for Ocado Group plc (OCDDY) stock, including a chart and comparison to related stocks. Sign up for a free demo to see revenue data from 2019 and more. 71 Billion an increase over the revenue in the year 2023 that were of ₹126. The number is forecasted to surpass the 20 billion thresholds by the end of 2024. L) Revenue in 2024: £1. 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. 23 million for the 13 weeks to 3 In 2015, U. Feb 27, 2019 · Funding, Valuation & Revenue 4 Fundings Ocado Group's latest funding round was a Corporate Minority - P2P - II for $998. 8% from £387. Earnings per share (EPS) also surpassed analyst estimates by 22%. Looking back at the last 5 years, Ocado's ev / revenue peaked in November 2020 at 7. 1m year-on-year for its fourth-quarter results ending 1 December 2019. 17 Billion. The joint venture will absorb Ocado’s UK grocery retail business and source M&S’s product range, replacing Ocado’s existing supply partnership with Waitrose. 25 Billion. com is now one of eight global partners, all among the most innovative and forward-looking May 4, 2023 · Funding, Valuation & Revenue 6 Fundings 6 River Systems has raised $46. Business metrics and revenue breakdowns for Ocado Group (FRA:0OC). This shift reflects more cautious expectations for revenue growth and “2019 has seen a shift in the centre of gravity at Ocado Group. K. 5% at 1434 GMT as it also said its fee revenue will reduce by about $50 million next year as a result of the closures. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. 9 million) for the year Dec 12, 2019 · Ocado’s revenue rises after joint venture with M&S Online supermarket Ocado has reported an increase in retail revenue of 10. Solutions that deliver, innovations that inspire * Due to IFRS 15, we will only recognise these fees as revenue once the solution has gone live. 9% from fiscal years ending December 2019 to 2023. Feb 27, 2019 · Top story Ocado (OCDO) and Marks & Spencer (MKS) have agreed to create a 50/50 joint venture that will “transform online grocery shopping in the UK”. Mar 4, 2024 · Ocado Group Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 2. Opinion In our opinion: • the financial statements of Ocado Group plc (the ‘parent company’) and its subsidiaries (the ‘Group’) give a true and fair view of the state of the Group’s and of the parent company’s affairs as at 1 December 2019 and of the Group’s loss for the year then ended; • the Group financial statements have been properly prepared in accordance with On 16th July 2024, Ocado Group announced our Half Year Results. Find out more here. CEO Hannah Gibson highlights strategic improvements for customers. Strategic Report Chief Executive Review Ocado Retail at a Glance Financial Review Key Performance Indicators Principal Risks and Uncertainties Non-financial and sustainability information Section 172(1) Statement GSCOP Summary of Annual Compliance Report 2022–2023 Feb 21, 2025 · In 2020, the pandemic significantly boosted Ocado's online grocery sales, as consumers shifted to digital platforms. In 2024 the company made a revenue of £1. Access the comprehensive report and investor insights on the Ocado Group website The Ocado Group Annual Report, contains our Annual Review and our Journey and Values, Strategic Report, Corporate Governance and Financial Statements. 16 b in annual revenue in FY 2024. Use the PitchBook Platform to explore the full profile. Jun 22, 2022 · In 2019, Kroger launched 39 new Our Brands Plant-Based items. 5 million pounds ($276. The online grocer booked a pretax loss of 214. Outlook for 2019 Retail revenue growth 10‐15% in balance of year Further growth in underlying EBITDA; Ocado Retail to be charged fees for the use of OSP Solutions revenue growth below Retail Morrisons’ Erith holiday from Erith IFRS 15 delays recognition of international fees £15m impact on Group EBITDA from Andover-related business 4 days ago · Ocado UK Founded in 2000, Ocado was the UK’s first pure-play online grocery store. See insights on Ocado including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 9%. M&S bought half of Ocado’s retail business in 2019 for £750m, replacing Waitrose on the delivery service Ocado has 5 employees at their 1 location and £2. Ocado Jan 26, 2022 · Ocado has unveiled a range of technologies, from lighter robots to automated grocery picking, to help it win new corporate customers and compete with rapid delivery start-ups. Ocado had made heavy investments in technology, including a highly automated warehouse operation, intelligent software for efficient order delivery, and a customer-friendly online interface. May 30, 2024 · An error occurred while retrieving sharing information. com! The costs of Ocado Retail’s operation in 2018, and in 2019 prior to the formation of the joint venture with M&S, have been allocated between the Retail Segment and UK & Logistics segment in order to be broadly comparable to the current contractual arrangements now in place Get Monthly Revenue Data with Seasonal Insights Access consistent revenue data for the past 12 months - updated every month to help you track trends and seasonality. 4 days ago · According to published reporting by Reuters, Ocado shares closed down 17. 71 Billion According to Ocado 's latest financial reports the company's current revenue (TTM ) is ₹136. Sep 20, 2023 · Ocado Retail has reported revenue of £569. 21 Billion an increase over the revenue in the year 2023 that were of £1. 66M over 6 rounds. 4 percent as the group also said its fee revenue would fall by about $50 million next year as a result of the closures, extending 2025 losses for the shares to 40. They are the world’s largest dedicated online grocery retailer with over 580,000 active customers shopping with them today. 6 days ago · Current and historical revenue information for Ocado Group plc (LON:OCDO) stock, including a chart and comparison to related stocks. Jun 28, 2022 · Marks and Spencer Group Plc (M&S) today announces the completion of its acquisition of half of Ocado Retail Ltd, one of the world’s largest dedicated online grocery retailers. 6 days ago · Ocado said the move would knock fee revenue by 50 million dollars (£38 million) in 2025-26. The partnership has given us a new platform to demonstrate the breadth and value of our range to new family customers and leverage our buying scale, through volume growth. 16 Billion. The 6 River Systems sale was part of a major pivot away from logistics by Mar 20, 2025 · Ocado Group, which sold a 50% stake to M&S in 2019, said it intended to "deconsolidate" Ocado Retail from the accounts this year as it plans to pass control to M&S within in 12 months. Ocado Group's most recent revenue is from 2019. In 2019, Ocado Group expanded the number of retailers that will Throughout 2019 we have remained focused on our internal power their e-commerce operations with OSP and reached major structures, ensuring they are aligned to support delivery of a Ocado stock was down 14. Keep exploring to find key highlights, results and a word from our CEO. View Ocado Group PLC's As Reported, Revenue trends, charts, and more. 2m to £429. It currently boasts 795,000 active customers and has expanded into areas such as online delivery of pet products (Fetch) and one-hour grocery delivery services (Zoom). 7 million to buy 6 River Systems from Shopify. Ocado Group's 2019 revenue was $2. In 2015, U. 16 Billion an increase over the revenue in the year 2023 that were of C$1. Kroger also announced the opening of a new Kroger-Ocado customer fulfillment facility in Maryland, with 1,989 pickup sites and 2,385 delivery locations, representing 97 percent of Kroger households 2018 Kroger increased digital sales by 66 percent in the first quarter. May 22, 2025 · In 2019, Ocado sold 50% of its e-grocery business, Ocado Retail, to Marks & Spencer. 6% rise in revenue for its Ocado Retail joint venture to £645. com in September 2020. Dec 9, 2023 · Revenue Growth: A Steady Climb Ocado’s economic performance is depicted through sustained and remarkable expansion of revenue. com (the other 50% is owned by UK retailer Marks & Spencer). Information on stock, financials, earnings, subsidiaries, investors, and executives for Ocado Group. L) Revenue in 2024: ₹136. 6m in the third quarter of fiscal year 2023, up 7. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Jul 4, 2025 · Discover all statistics and data on Ocado now on statista. We have pivoted from being a pure play online grocer in the UK with a separate Solutions business to being a technology-led global software and robotics platform business providing a unique end-to-end solution for online grocery. Ocado Re:Imagined is a series of innovations and changes to the technology powering our Ocado Smart Platform (OSP). The company's revenue for the fiscal year ending November 2020 soared to £2. 81. 68bn ($3. Jun 28, 2022 · Ocado Retail serves 74% of the UK population today and significant investment is being made to expand capacity, which will increase by 40% in 2021 and much further beyond. See many years of revenue, expenses and profits or losses. Ocado Group's valuation in July 2010 was $1,600 - $1,900M. Citrus is an May 1, 2025 · Current and historical revenue information for Ocado Group plc (OCDGF) stock, including a chart and comparison to related stocks. 4x. 2 days ago · In 2019 Steiner was paid £59mn, despite Ocado suffering a £215mn loss, in one of the largest annual payouts for a FTSE 100 chief executive. 5x. Dec 1, 2019 · Business metrics and revenue breakdowns for Ocado Group (LON:OCDO). The revenue is the total amount of income that a company generates by the sale of goods or services Up-to-date Ocado Group Plc company overview including funding information, company profile, key statistics, peer comparison and more. Fee revenue comprises the fees charged to our UK partners Ocado Retail and Morrisons for access to Ocado’s technology platforms, capital recharges, management fees and research and development (fees charged to Ocado Retail are eliminated on Group consolidation). 2019-2029 * Due to IFRS 15, we will only recognise these fees as revenue once the solution has gone live. 42 B GBP, a 9. Ocado's main competitors include Instacart, Morrisons, John Lewis and Cranswick. 4% as the group also said its fee revenue would fall by about $50 million next year as a result of the closures, extending 2025 losses for the shares to 40. . Change (1 year) 🛍️ Retail 🛒 E-Commerce 🖥️ Internet 👩💻 Tech 🍴 Food Categories Market cap Revenue Earnings Price history P/E ratio P/S ratio Annual Reports More Nov 29, 2020 · Detailed annual and quarterly income statement for Ocado Group (FRA:0OC1). In the Financial Year 2022, the enterprise realized a distinguished revenue of £25. 4x Ocado's ev / revenue for fiscal years ending December 2019 to 2023 averaged 4. Oct 29, 2024 · Ocado has 5 employees across 11 locations and £3. 4% rise in retail revenue to £386. 5%. 2 days ago · Kristian Kassow, co-founder of Universal Robots and managing director of Kassow Robots, discusses cobot innovations in the podcast. The company could have done things differently. 28 b in annual revenue in FY 2021. Feb 11, 2020 · Ocado Group PLC reported Tuesday a widened pretax loss for fiscal 2019, missing market expectations. 33 billion, an increase of 35% compared to 2019. Ocado Retail Ltd is a Retail, Grocery Retail, and Grocery company located in UK with $816. * Due to IFRS 15, we will only recognise these fees as revenue once the solution has gone live. -based Ocado was the world's largest pure player in the online home-delivery grocery business and was gaining a growing share of the highly competitive U. Sep 17, 2019 · The joint venture – which was completed in August – posted an 11. Nov 9, 2020 · Ocado Group acquires two robotics companies, Kindred Systems and Haddington Dynamics, enhancing our robotic manipulation capabilities. 94% difference from the 3. com. Ocado Retail has increased capacity by over 50% since the M&S investment and new customer Revenue for Ocado (OCDO. Nov 14, 2025 · Detailed statistics for Ocado Group plc (LON:OCDO) stock, including valuation metrics, financial numbers, share information and more. Feb 28, 2025 · Ocado Retail has announced a 14% increase in revenue for the fiscal year 2024 (FY24), with figures reaching £2. Explore our latest Financial Results & Half Year Results and hear from our CEO and business leaders of our growth & ability to meet the demand for online grocery. dollars in 2020. com capacity at Ocado’s Erith CFC. 2m group loss during the pandemic, but the retailer is celebrating an “exceptional” period for its new partnership with online supermarket Ocado. Ocado has deployed robots to across its customer fulfillment centers to enhance process efficiency. May 26, 2021 · Marks & Spencer may have recorded a £201. 3 days ago · Current and historical revenue information for Ocado Group plc (FRA:0OC1) stock, including a chart and comparison to related stocks. 42, reflecting slightly greater frequency of purchase, Ocado Retail said. Jan 25, 2019 · Online grocery specialist Ocado has formed a partnership with the Citrus digital ad platform, which provides online retailers with a sponsored product and ad platform. Operating profit also surged to £124 million. the financial statements of Ocado Group plc (the ‘parent company’) and its subsidiaries (the ‘Group’) give a true and fair view of the state of the Group’s and of the parent company’s affairs as at 1 December 2019 and of the Group’s loss for the year then ended; Jan 15, 2019 · In the third quarter of 2018, Ocado's revenue growth beat all but three other retailers and racked up 283,000 orders per week in the UK. 2021 saw Ocado further enhance its technology offerings, securing additional contracts with international Ocado Group plc (/ ɒˈkɑːdoʊ / ok-AH-doh) is a British business based in Hatfield, England, which licenses grocery technology. 42 B GBP. View OCDO's earnings results, and conference call transcript at MarketBeat. 37bn), up from £2. Explore Ocado Group's Half-Year 2023 financial results, including key performance highlights, strategic initiatives, and future growth outlook. In company news, miner Antofagasta reported a fall in annual earnings and trimmed its dividend, while online grocer Ocado Group reported continued Nov 29, 2020 · Detailed annual and quarterly income statement for Ocado Group (LON:OCDO). S. Under the terms of the shareholder agreement, the Group remained the controlling shareholder via certain tie-breaking rights. Melanie Smith, CEO of Ocado Retail commented: “Today Ocado Retail are bringing the best to your door with the launch of M&S products exclusively on Ocado. Aug 25, 2023 · Ocado paid just $12. It also owns a 50% share in the UK grocery retail business Ocado. The Ocado Group Annual Report, contains our Annual Review and our Journey and Values, Strategic Report, Corporate Governance and Financial Statements. Feb 27, 2025 · Ocado Group announced their H2 2024 earnings on 2/27/2025. Ocado stock closed down 17. The growth is attributed to a rise in customers and order frequency, which has bolstered the company’s share of the UK online grocery market by 1. In 2025, Ocado Group's sales reached 3. com is now one of eight global partners, all among the most innovative and forward-looking Financial statements and reports for Ocado Group plc (OCDO) including annual reports and financial results for the last 5 years. We’re Ocado Group - a global, technology business redefining ecommerce, fulfilment and logistics in online grocery and distribution industries. JOINT VENTURE WITH OCADO In February 2019, we announced the creation of a new 50/50 JV with Ocado Group Plc, the UK’s leading pure play digital grocer, which will transform online grocery shopping for UK consumers. Ocado is the first confirmed partner with Citrus UK, aiming to boost online revenues and customer experience by increasing sales and monetising digital shelf space while offering a more personalised experience. Its robotic picking tools began working on Feb 7, 2019 · Earlier this week, Ocado affirmed its 2019 financial outlook, including a 10 percent to 15 percent increase in retail revenue, if economic conditions remain stable. Ocado struck a deal with Kroger in 2018 to help the U Apr 12, 2021 · To put it in perspective, in 2019 approximately 33% of Ocado’s revenue came from its solutions business and this is expected to increase due to the number of new partnerships it’s formed both domestically and internationally. 5 percent. 99 Billion. Ocado was established in the UK over 16 years ago and listed on the London Stock Exchange in July 2010. Please try again later. 71 Billion. 35bn in the previous year. 6 River Systems's latest funding round was a Acquired - II for on May 4, 2023. In 2024 the company made a revenue of C$2. Ocado's customer Nov 17, 2025 · Current and historical revenue information for Ocado Group plc (FRA:0OC) stock, including a chart and comparison to related stocks. 1M on February 27, 2019. Ocado's operated at median revenue growth of 9. 2023, by market share Revenue of the e-commerce industry in the U. 11 B GBP sales recorded in the previous year. Ocado's customer Fifteen years of historical annual and quarterly income statements for OCADO GROUP (OCDDY). As of 2019, more than 52% of grocery stores in the U. Food eCommerce revenue increased and reached 15 billion U. In 2024 the company made a revenue of ₹136. Compare Ocado to its competitors by revenue, employee growth and other metrics at Craft. 8 percentage points to 12. The revenue of Ocado Group 2025 is 3. We would like to show you a description here but the site won’t allow us. The average order size fell 0. 4 billion, signifying a notable 13% increase compared to the previous year (Mason, 2019). 16 Billion According to Ocado 's latest financial reports the company's current revenue (TTM ) is C$2. We announced the creation of a 50/50 joint venture with Ocado Group plc in 2019 and launched on Ocado. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Ocado operates under two segments: solutions, encompassing the Ocado Smart Platform, and logistics, which The Ocado Group Annual Report, contains our Annual Review and our Journey and Values, Strategic Report, Corporate Governance and Financial Statements. 21 Billion According to Ocado 's latest financial reports the company's current revenue (TTM ) is £1. 95 to £2. Ocado's latest twelve months ev / revenue is 1. This marks the start of M&S’s 50/50 Joint Venture (JV) with Ocado Group Plc, comprising Ocado’s UK grocery retail business (“Ocado Retail Ltd”), supported by the Ocado Smart Platform (OSP) technology. L) Revenue in 2024: C$2. stores were offering home deliveries along with grocery delivery pickup services. Melanie Smith, Ocado Retail’s chief executive, said: “These first set of results from the joint venture between Ocado Group and M&S show the resilience of Ocado “2019 has seen a shift in the centre of gravity at Ocado Group. These include the world’s lightest and most efficient grocery fulfilment bot, an automation for the most physically demanding job in the warehouse, the world’s first virtual distribution centre, and robotic arms that pick groceries directly from the grid. Mar 26, 2024 · Ocado Retail Ltd, a joint venture between Ocado Group plc and Marks & Spencer Group plc, reports strong Q1 2024 performance with revenue growth and increased market share. 36B.