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Ocado earnings climb 11% as new customers and product units surge

2015-06-30 09:17:57| Grocery - Topix.net

A 30% rise in new customers and 19% increase in active customers in the first half of the year helped online supermarket Ocado drive robust growth in revenue and operating profits despite the fierce grocery industry competition. Talks with multiple overseas retailers about using the company's highly regarded Smart Platform technology were said to have "advanced further" and chief executive Tim Steiner reiterated his target of signing a first agreement "during 2015".

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