Company Earnings Update 5 minutesRegister for Free AccessOcado Group (LSE: OCDO) FY18 Results: EBITDA Slides Due to Technology Investments and New Distribution Center Opening Coresight Research February 6, 2019 Executive Summary Ocado Group reported FY18 revenues of £1.60 billion, up 9.9% from 2017 (a 53-week year) and missing the consensus of £1.62 billion. On a 52-week basis, the company grew revenues 12.3% The company posted a loss per share of 6.87 pence in FY18, compared to a loss per share of 1.39 pence in the previous year and below the consensus estimate of a 3.8 pence loss per share recorded by StreetAccount. In FY19, Ocado expects to grow retail sales in the range of 10%–15%, as it ramps up its fulfillment capacity. It expects to gain market share in the U.K. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Market Navigator: US Grocery Retailing—Exploring Growth, Inflation, Competition, Trends and StrategiesConsumer Caution Grows: China Consumer TrackerFebruary 2024 Leading Indicators of US Retail Sales: Easing Inflation Signals Positivity for Retail Sales GrowthAmazon Apparel US Consumer Survey 2024—Infographic: Amazon Regains Its Spot as America’s Most-Shopped Clothing and Footwear Retailer
