Company Earnings Update 5 minutesRegister for Free AccessOcado (LSE: OCDO) 1H19 Results: Losses Deepen Due to Andover Disruption; Solutions Growth Hampered by Morrisons Holiday Coresight Research July 10, 2019 Executive Summary Ocado reported 1H19 total sales of £882.3 million up 10.9% year over year with retail and solutions revenues growing 10.2% and 20.6%, year over year, respectively. The company reported a diluted loss per share of 19.77 pence compared to a loss per share of 2.22 pence in the same period of the previous year. Ocado expects to achieve retail revenue growth of 10-15% in 2H19, driven by demand growth and company’s ability to utilize additional capacity in its CFC4 and despite the impact of a fire at its Andover customer fulfilment center (CFC). 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: Walmart Investor Community Meeting 2023: Leveraging Automation, Targeting $130 Billion in Additional Sales in the Next Five YearsIntroducing “Fast Luxury” and Its Implications for the Retail MarketEarnings Insights 4Q22, Week 3: CVS and L’Oréal Report Strong Sales Momentum; Capri, Coty and VF Corp See DeclinesRSA Conference 2023: All Things Cybersecurity—Fighting AI-Powered Intruders with AI