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: Three Data Points We’re Watching This WeekMarket Navigator: US Apparel and Footwear Retailing—Discounters Poised for Growth Amid Challenging BackdropCES 2023 Wrap-Up: Lots of Gadgets but Less SizzleNRF 2024: Retail’s Big Show Wrap-Up—Leveraging Tech To Evolve the Retail Experience and Improve Efficiency