Insight Report 3 minutes PremiumOcado (LON: OCDO) FY2015 Results: Improvements to the Top and Bottom Lines Coresight Research February 2, 2016 Executive Summary Online grocery retailer Ocado today reported revenue growth of 16.7%, and its second year of net profit, for the year ending November 2015. Basic EPS rose by 62%, to 2.01p, in line with consensus estimates. Active customer numbers and order volumes grew by double digits, but average order sizes declined slightly in a deflationary market. The company did not meet its goal of signing an agreement to license its technology to an international retailer by year-end, but said that it continues to aim for multiple license agreements over the medium term. 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: The AI Summit New York 2023: Reaping Benefits, Building Trust and Pushing the BoundariesWeinswig’s Weekly: Singles’ Day 2023—Opportunities in China and WorldwideInnovator Profile: Dragonfruit AI Transforms Video Surveillance Data into Essential InsightsRetail Around the World: Coresight Research Observations, 3Q23
