Insight Report 2 minutes PremiumOcado (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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US Store Tracker Extra, March 2024: Family Dollar Closures Push Total Shuttered Space to 30 Million Square FeetShoptalk Europe 2023 Day Three: Retail Media and Technology Take Center StageFebruary 2023 Leading Indicators of US Retail Sales: Projecting Soft Retail Growth Ahead of Midyear UptickInnovator Profile: Inoqo Drives Transparency Around Sustainability in Grocery Retail