Ocado Group (OCDO)

Down
Share Price:
244.20p
Market Cap:
£2,059.86m
Change Today:
-13.20p
Sector:
Food Pharmacy Retail

Ocado sticks to cash flow forecasts; Shares slump

By Frank Prenesti

Date: Thursday 16 Jul 2026

LONDON (ShareCast) - (Sharecast News) - UK online grocery and warehouse tech group Ocado on Thursday said it still expected to be cash-flow positive by the end of this financial year, although investors were unimpressed, marking the shares down 10% in early London trade.
The company added that it was talking to "mutliple" retailers in the US after Kroger in the US, and Sobeys in Canada announced the closure of automated customer fulfilment centres last year, citing weak demand.

Termination payments of these contracts helped boost revenue for the six months to May 31 by 54% to £1.03bn. Excluding the fees sales were up only 1% to £684m.

Half-year adjusted earnings fell 12% to £81m. The company, which also runs an online grocery business with Marks & Spencer, held forecasts to turn cash flow positive in the current half and full-year cash flow positive next year.

Underlying cash outflow rose to £147m from £108m when the impact of the US warehouse closures was stripped out.

Reporting by Frank Prenesti for Sharecast.com

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Ocado Group Market Data

Currency UK Pounds
Price 244.20p
Change Today -13.20p
52 Week High 371.00p
52 Week Low 159.20p
Volume 6,178,496
Shares Issued 843.51m
Market Cap £2,059.86m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Income
Not Available
Growth
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
P/E
Not Available
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Dividend Yield
Not Available
EPS Growth
Not Available
Operating Margin
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector