Insight ReportOcado (LON: OCDO) 1H16 Results: Morrisons Agreement Boosts Scale for Ocado Coresight Research June 29, 2016 Executive Summary Ocado Group posted 15.1% revenue growth in 1H16, with revenues fractionally missing the consensus estimate. SG&A increased by 17.1% due to Ocado’s agreement to fulfill online orders for Morrisons, but the agreement also boosted gross margins. Diluted EPS climbed by 19.7%, to 1.40 pence, beating consensus. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Redefining Global Sourcing: What a US–India Trade Deal Means for Retailers and ManufacturersUS Drugstore and Pharmacy Retailing: Market Forecast and Competitive Landscape—The Pharmacy ShakeoutAmazon Prime Day India 2025: Wrap-Up—Biggest-Ever Prime Day Spurs Tier 2 and Tier 3 Markets’ Growth and Premium BuysJanuary 2025 US Retail Sales: Nearly All Sectors Report Mid-Single-Digit Sales Growth
