ACR-News
Know what you want? Try our 'Supplier Directory' 

Ocado reports strong Q4 sales and order growth

Ocado Group saw gross sales increase by 13.1% to £398.1m in the 16 weeks to 27th November this year.

Ocado Group saw gross sales increase by 13.1% to £398.1m in the 16 weeks to 27th November this year.

Average orders per week were up by 17.6% to 241,000 in the fourth quarter of the year, driven by both new and existing customers

Average order size decreased by 2.9% from both continued industry-wide price deflation and further take up of the Ocado ‘Smart Pass’, which has led customers to shop more frequently

Ceo Tim Steiner said: 'We are very pleased with the financial performance achieved this year. The strong growth in sales and order volumes reflects the attractiveness of our retail offer to customers.”

He added: 'During the period, we were also pleased to announce that we have commenced operations at our Andover CFC. This is the first of our CFCs to use our new proprietary infrastructure equipment solution and software, which will support the ongoing growth of our business.'

Comments

Already Registered?
Sign In
Not Yet Registered?
Register

Coronavirus industry update

UPDATED 22 April: In response to the Coronavirus pandemic, manufacturers, wholesalers and distributors are issuing statements regarding their operations as the situation evolves. The most up to date information from each company is listed below and ...

  25-Mar-2020

High temperature CO2 heat pump increases hot water efficiency

Mitsubishi Electric has announced the launch of a new commercial heating system running on CO2 (R744) to deliver hot water up to 90°C and help businesses increase the efficiency of hot water production whilst significantly reducing their carbon ...

  21-Sep-2020

Fridge Freezer Direct Introduces J & E Hall's range of Cellar Cooling

Reliable and energy efficient, the JCC range of cellar coolers are designed to be used in wine and beer cellars above or below ground.
  21-Sep-2020
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News

Diary

Chillventa
14th IIR-Gustav Lorentzen Conference on Natural Refrigerants
FETA Annual Lunch
16th IIR Conference on Cryogenics