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Ocado sales growth slows a touch

2014-12-11 10:42:11| Grocery - Topix.net

The firm said on Thursday its gross retail sales rose 14.9 percent to 311.4 million pounds in the 16 weeks to Nov. 30, its fiscal fourth quarter. Ocado, whose range includes products supplied by upmarket grocer Waitrose [JLP.UL], has not made an annual pretax profit since it was founded in 2000 but analysts are forecasting one for its year just ended, the 2013-14 financial year.

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