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Ocado Raises Technology Solutions FY24 Margin Guidance To Mid-Teens Percentage



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July 16 (Reuters) -Ocado Group PLC OCDO.L:

  • OCADO - RAISES TECHNOLOGY SOLUTIONS FY24 MARGIN GUIDANCE TO A MID-TEENS PERCENTAGE

  • OCADO - RETAIN FY24 TECHNOLOGY SOLUTIONS GUIDANCE FOR 15% TO 20% REVENUE GROWTH

  • OCADO GROUP PLC - HALF-YEAR REPORT

  • OCADO: RAISING FY24 EBITDA & CASH FLOW GUIDANCE: UNDERLYING CASH FLOW EXPECTED TO IMPROVE BY £150M

  • OCADO - RAISING FY24 EBITDA & CASH FLOW GUIDANCE

  • OCADO: UNDERLYING CASH OUTFLOWS IN FY24 NOW EXPECTED TO BE AROUND £150M LOWER (IMPROVEMENT) VERSUS. FY23

  • OCADO: GROUP TO TURN CASH FLOW POSITIVE DURING FY26

  • OCADO - BY END OF FY24 OCADO EXPECTS TO HAVE 25 LIVE CFCS

  • OCADO - H2 2024, LOWER LEVELS OF GROCERY INFLATION AND MORE NORMALISED VOLUME TRENDS ARE LIKELY TO CONTINUE

  • OCADO - EXPECT FURTHER PROGRESS IN COST REDUCTIONS, CONTINUING TOWARDS OUR FY26 TARGET OF ANNUAL SPEND OF £150M

  • OCADO - REVISING OUR GUIDANCE FOR GROUP CAPITAL EXPENDITURE TO AROUND £425M FOR FY24

Source text for Eikon: [ID:]

Further company coverage: OCDO.L


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