Home Ocado shares under pressure as hopes of international deal waver
 

Keywords :   


Ocado shares under pressure as hopes of international deal waver

2015-12-10 20:36:11| Grocery - Topix.net

Online supermarket Ocado saw its shares come under pressure as it revealed a slowdown in trading and dashed hopes once more of a long-awaited international deal. The group shrugged off a "challenging and competitive" market to deliver a 13 per cent rise in fourth quarter gross retail sales to A 351.8 million - its 13th quarter of double-digit growth - but this was lower than expectations and below the 15.3 per cent hike seen in the previous three months.

Tags: international deal pressure shares

Category:Food and Related Products

Latest from this category

All news

»
15.11171
15.11 3FLYOVER
15.11 PSA8 - 1ed
15.11DMC RAVEN 18g
15.11LOVE or DEAD Blu-ray
15.11 HSGI SURE-GRIP PADDED BELT a-tacs au
15.11 BOUNTY HUNTER
15.11
More »