Ocado Group (OCDO)

Sector:

Food Pharmacy Retail

Index:

FTSE 250

306.70p
   
  • Change Today:
      2.00p
  • 52 Week High: 789.00
  • 52 Week Low: 281.00
  • Currency: UK Pounds
  • Shares Issued: 832.39m
  • Volume: 1,573,035
  • Market Cap: £2,552.94m
  • Beta: 1.75

Virgin Wines agrees strategic partnership with Ocado

By Michele Maatouk

Date: Friday 04 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Virgin Wines said on Friday that it has agreed a strategic partnership with online supermarket Ocado.com, which will stock a selection of 50 wines from its portfolio.
With effect from 2 October, Ocado has had access to the "exclusive selection" of wines, which Virgin said has been "carefully curated" by both it and Ocado's buying teams.

Previously, the wines were only available to Virgin customers and sold as part of multi-bottle cases, and this marks the first time they will be offered as individual bottles.

Virgin Wines chief executive Jay Wright said: "We are thrilled to be working with Ocado to bring our expertise in sourcing and creating wines to its considerable audience. This collaboration allows us to introduce Ocado customers to a hand-picked selection of exclusive wines from our large and distinctive portfolio.

"Virgin Wines has long-standing relationships with a considerable network of independent winemakers across the world. Our team work closely with them to create a unique range that is constantly evolving to meet the varying needs of different consumers. I'm confident the wines selected for our range at Ocado will resonate with both seasoned wine enthusiasts and those looking to discover something new."

At 0820 BST, Virgin Wines shares were up 5.6% at 41.70p, while Ocado was 2% higher at 391.30p.

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Ocado Group Market Data

Currency UK Pounds
Share Price 306.70p
Change Today 2.00p
% Change 0.66 %
52 Week High 789.00
52 Week Low 281.00
Volume 1,573,035
Shares Issued 832.39m
Market Cap £2,552.94m
Beta 1.75

Ocado Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
13.16% below the market average13.16% below the market average13.16% below the market average13.16% below the market average13.16% below the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Price Trend
63.01% below the market average63.01% below the market average63.01% below the market average63.01% below the market average63.01% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Income Not Available
Growth
12.77% below the market average12.77% below the market average12.77% below the market average12.77% below the market average12.77% below the market average
16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% 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 21-Nov-2024

Time Volume / Share Price
16:35 160 @ 306.70p
16:35 646,836 @ 306.70p
16:35 7,363 @ 306.70p
16:35 18,721 @ 306.70p
16:35 3,166 @ 306.70p

Ocado Group Key Personnel

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

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