Ocado Group (OCDO)

Sector:

Food Pharmacy Retail

Index:

FTSE 100

373.40p
   
  • Change Today:
      15.00p
  • 52 Week High: 976.40
  • 52 Week Low: 342.90
  • Currency: UK Pounds
  • Shares Issued: 829.94m
  • Volume: 72,248
  • Market Cap: £3,099.01m

Aldi UK teams up with Deliveroo for home deliveries

By Caoimhe Toman

Date: Monday 18 May 2020

LONDON (ShareCast) - (Sharecast News) - Aldi UK, the British arm of the German supermarket discounter, announced on Monday that it had teamed up with delivering service Deliveroo to provide shoppers with home deliveries.

Aldi said it would be trialling the deliveries which for now will offer a rapid delivery service from a store in Nottingham, central England.

The service allows customers to order from over 150 products in the supermarket through the Deliveroo app. The Aldi staff will pack the items and set up for the Deliveroo rider in less than 30 minutes.

"We hope the new trial with Deliveroo will provide more customers with access to great quality, affordable food at Aldi," said Giles Hurley, chief executive officer of Aldi UK & Ireland.

"This is a new and exciting venture for Aldi and we will be constantly reviewing how we can best serve our customers and continue to provide them with the high quality products they are used to in store."

If all goes well it plans on extending the trial to a further seven stores across the East Midlands in June.

If successful, the service could roll out to further Aldi stores by the end of 2020, it said.

"At Deliveroo, we are doing everything we can to make sure that people get the food they need and want during this unprecedented time," said Ajay Lakhwani, vice president of new business at Deliveroo.

"We are pleased to partner with Aldi and deliver even more choice to our customers as they continue to keep safe at home."

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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 373.40p
Change Today 15.00p
% Change 4.19 %
52 Week High 976.40
52 Week Low 342.90
Volume 72,248
Shares Issued 829.94m
Market Cap £3,099.01m

Ocado Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.81% below the market average18.81% below the market average18.81% below the market average18.81% below the market average18.81% below the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Price Trend
70.54% below the market average70.54% below the market average70.54% below the market average70.54% below the market average70.54% 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
17.79% below the market average17.79% below the market average17.79% below the market average17.79% below the market average17.79% 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 23-Apr-2024

Time Volume / Share Price
08:09 42 @ 373.40p
08:09 71 @ 373.50p
08:09 60 @ 373.60p
08:08 52 @ 374.20p
08:08 300 @ 374.30p

Ocado Group Key Personnel

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

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