Ocado Group (OCDO)

Sector:

Food Pharmacy Retail

Index:

FTSE 250

336.00p
   
  • Change Today:
    -15.20p
  • 52 Week High: 826.80p
  • 52 Week Low: 281.00p
  • Currency: UK Pounds
  • Shares Issued: 831.34m
  • Volume: 1,656,472
  • Market Cap: £2,793.29m

Ocado to build third factory in Japan with online grocer AEON

By Benjamin Chiou

Date: Monday 08 Jul 2024

LONDON (ShareCast) - (Sharecast News) - Online grocery group Ocado is planning to build a third customer fulfilment centre (CFC) in Japan as part of its ongoing partnership with Japanese peer AEON.
The new Kuki-Miyashiro facility, which will go live in 2027, will operate using the Ocado Smart Platform. The first Ocado-AEON CFC was opened in Midori-ku in July 2023, while the second in Hachioji is due to go live in 2026.

"Today is an exciting moment for AEON and Ocado's relationship as we deepen our already strong partnership," said Ocado's chief executive Tim Steiner.

Ocado also announced that AEON will upgrade its live operations with the latest Ocado technologies, such as its On-Grid Robotic Pick.

"This will bring increasing levels of labour productivity to AEON's operations, enabling them to further reduce the cost to serve and address long-term challenges of labour availability in Japan," the company announced.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Ocado Group Market Data

Currency UK Pounds
Share Price 336.00p
Change Today -15.20p
% Change -4.33 %
52 Week High 826.80p
52 Week Low 281.00p
Volume 1,656,472
Shares Issued 831.34m
Market Cap £2,793.29m

Ocado Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
13.42% below the market average13.42% below the market average13.42% below the market average13.42% below the market average13.42% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
80.13% below the market average80.13% below the market average80.13% below the market average80.13% below the market average80.13% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
13.73% below the market average13.73% below the market average13.73% below the market average13.73% below the market average13.73% below the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 4
Sell 5
Strong Sell 0
Total 15
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ocado Group Dividends

No dividends found

Trades for 06-Sep-2024

Time Volume / Share Price
16:37 4,617 @ 336.00p
16:35 7,746 @ 336.00p
16:35 553,915 @ 336.00p
16:35 150 @ 336.00p
16:35 200 @ 336.00p

Ocado Group Key Personnel

CEO Tim Steiner
CFO Stephen Daintith
Chair Richard N (Rick) Haythornthwaite

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