Ocado CEO declines to comment on Amazon speculation
The chief executive of British online and technology group Ocado said he had nothing to say when asked about speculation of a takeover by U.S. group Amazon. Speculation is speculation, I...
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The chief executive of British online and technology group Ocado said he had nothing to say when asked about speculation of a takeover by U.S. group Amazon. Speculation is speculation, I...
Ocado Group reported widening pre-tax losses of £289.5 million for the six months to May 28, against losses of £211.3 million a year ago.
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Ocado shares have jumped to the top of the FTSE 100 after the online grocer and tech firm returned to an underlying profit in the last six months, despite widening statutory losses.
Ocado Group PLC on Tuesday affirmed yearly guidance with both its grocery and warehouse technology arms seeing half-year revenue growth. Ocado shares jumped 12% to 650.41 pence each in London on...