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TOP NEWS: Ocado Annual Loss Narrows On Revenue Surge, Exceptional Gain Tue, 9th Feb 2021 08:43 (Alliance News) - Ocado Group PLC on Tuesday said it narrowed its annual loss, aided by a 33% jump in revenue and a GBP104.6 million gain from exceptional items. Shares in the FTSE 100-listed online grocer were trading 3.2% lower at 2,658.00 pence each on Tuesday morning in London. It was the worst-performing large cap stock. The company offered a cautious outlook for the current financial year and earmarked GBP700 million in total capital expenditure. For its financial year ended November 29, 2020, Ocado s annual revenue jumped by a third to GBP2.33 billion from GBPGBP1.76 billion, helped by virus-boosted demand for online grocery purchases. This was slightly short of the GBP2.35 billion expected by the market, according to the company-compiled consensus. ....