Ocado's annual loss narrows to 374 million pounds

Reuters

2025/02/27

LONDON, Feb 27 (Reuters) - Ocado OCDO.L, the British online supermarket and technology group, reported a smaller annual pretax loss of 374.3 million pounds ($473.8 million), reflecting an improved performance in both its technology solutions and retail divisions.

Ocado also said on Thursday it was still on track to turn cash flow positive during its 2025/26 year, a key target for the group.

($1 = 0.7900 pounds)

(Reporting by James Davey; Editing by Kate Holton)

((james.davey@thomsonreuters.com))

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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1487256676.USD":"THREADNEEDLE (LUX) UK EQUITY INCOME \"ZUH\" (USDHDG) ACC","LU1481599808.USD":"THREADNEEDLE (LUX) UK EQUITY INCOME \"AUC\" (USDHDG) INC","BK5052":"食品零售","LU0282885655.USD":"BNP PARIBAS EUROPE SMALL CAP \"C\" (USD) ACC","LU1481600234.SGD":"THREADNEEDLE (LUX) UK EQUITY INCOME \"ASC\" (SGDHDG) INC","OCDO.UK":"OCADO","MKS.UK":"玛莎百货"},"translate_title":"Ocado年度亏损收窄至3.74亿英镑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OCDO.UK":0.9,"MKS.UK":0.9},"content_text":"Ocado's annual loss narrows to 374 million poundsLONDON, Feb 27 (Reuters) - Ocado OCDO.L, the British online supermarket and technology group, reported a smaller annual pretax loss of 374.3 million pounds ($473.8 million), reflecting an improved performance in both its technology solutions and retail divisions.Ocado also said on Thursday it was still on track to turn cash flow positive during its 2025/26 year, a key target for the group.($1 = 0.7900 pounds) (Reporting by James Davey; Editing by Kate Holton) ((james.davey@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":true,"code":"91000000","status":"200"}}}