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Ocado shares surge on guidance upgrade, narrow losses

By Frank Prenesti

Date: Tuesday 16 Jul 2024

(Sharecast News) - Shares in Ocado surged on Tuesday after the online grocer and technology company reported narrower interim losses and lifted full-year guidance as revenue grew across all its divisions.
It lifted the full year EBITDA margin at its technology solutions division to mid-teens from previous guidance of more than...

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