Duyuru • Mar 05
Ocado Group plc, Annual General Meeting, Apr 28, 2026 Ocado Group plc, Annual General Meeting, Apr 28, 2026. Location: the registered office, buildings one and two trident place, mosquito way, hertfordshire al10 9ul, hatfield United Kingdom Duyuru • Dec 10
Ocado Group plc Announces Appointment of Cathy Graham as Independent Non-Executive Director and People Committee and Audit Committee Member, Effective February 1, 2026 Ocado Group PLC announces that Cathy Graham has been appointed as an Independent Non-Executive Director with effect from February 1, 2026. Cathy will also be a member of the People Committee and the Audit Committee, with those appointments taking place on the date of her appointment to the Board. From 2020 to 2025, Cathy was the Chief Financial Officer of Darktrace plc, a world leader in autonomous cyber AI. Her experience also includes seven years at 2U, a technical partnership business. Cathy brings considerable expertise leading large organizations to the Ocado Board, having led the financial operations for multiple high-growth technology companies in the UK and US, including assessing and procuring substantial technology and R&D investment. Cathy Graham served at Darktrace plc from 2020 to 2025, predominantly in the role of Chief Financial Officer. Before joining Darktrace plc, she served as Chief Financial Officer of 2U Inc. between 2012 and 2019. Her prior positions include management and financial roles at Online Resources Corp., VIA Net.Works Inc., Yurie Systems Inc., and DavCo Restaurants Inc. Cathy graduated from University of Maryland Baltimore County with a BA in Economics and Loyola University Maryland with an MBA. Duyuru • Jun 04
Ocado Group plc announced that it expects to receive £100 million in funding Ocado Group plc announced that it has issued 11% senior unsecured notes due 2030, for the gross proceeds of £100 million on June 4, 2025. The notes will be issued at par. Duyuru • Mar 05
Ocado Group plc to Report First Half, 2025 Results on Jul 17, 2025 Ocado Group plc announced that they will report first half, 2025 results on Jul 17, 2025 Duyuru • Feb 27
Ocado Group plc, Annual General Meeting, Apr 29, 2025 Ocado Group plc, Annual General Meeting, Apr 29, 2025. Location: buildings one and two trident place, mosquito way, hertfordshire, al10 9ul, hatfield United Kingdom Duyuru • Nov 02
Ocado Group plc Announces Board and Committee Changes Ocado Group plc announced the appointment of Adam Warby as an independent Non-Executive Chair of the Board. Adam will join the Board as an independent Non-Executive Director with effect on 1 November 2024, before assuming the role of Chair on 1 December 2024. Following this period of transition, current Chair, Richard (‘Rick’) Haythornthwaite will step down as Chair and from the Board. Adam will also be a member of the People Committee on joining the Board. Adam has extensive executive experience in the technology sector and relevant chair experience at a range of international companies. Adam Warby currently serves as Chair of Heidrick & Struggles International Inc., a premier provider of global leadership advisory and on-demand talent solutions listed on NASDAQ. He is also a Senior Advisor for Kohlberg Kravis Roberts & Co. LP (KKR). He served as Chair of SoftwareOne Holding AG, the Swiss enterprise software and cloud advice firm until April 2024 and between 2017 and 2023 and served as Non-Executive Director at SimCorp A/S, a leading Fintech provider to global Asset Management businesses. In 2000, he joined Avanade Corporation, a global IT consulting and services company, as a founding member and served as CEO from 2008 to 2019 (and has been the CEO Emeritus since 2019). He was also, between 2017 and 2023, the Chair of Junior Achievement Europe, a youth focused non-profit providing programmes for entrepreneurship and work readiness, as part of expanding Avanade's Corporate Citizenship mission. Prior to joining Avanade, Adam held a number of management and sales roles at Microsoft Corporation and earlier, at IBM. Adam holds a BSc in Mechanical Engineering from Imperial College London. In addition to these Board changes, company have agreed an extension of Andrew Harrison's tenure as Senior Independent Director and Designated Non-Executive Director for workforce engagement for an additional 12 months beyond the conclusion of his nine year term on 1 March 2025. Andrew has a deep understanding of the business and he will help provide the Board and leadership team with stability and continuity during the Chair succession process. Duyuru • Sep 23
Ocado Group plc(LSE:OCDO) dropped from FTSE All-World Index (USD) Ocado Group plc(LSE:OCDO) dropped from FTSE All-World Index (USD) Duyuru • Sep 19
Ocado Group plc Revises Earnings Guidance for the Fiscal Year 2024 Ocado Group plc revised earnings guidance for the fiscal year 2024. For the year, the company revised Revenue: Low double digit % growth (previously mid-high single digit % growth). New Risk • Jul 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (UK£266m net loss in 3 years). Reported Earnings • Jul 17
First half 2024 earnings released: UK£0.17 loss per share (vs UK£0.29 loss in 1H 2023) First half 2024 results: UK£0.17 loss per share (improved from UK£0.29 loss in 1H 2023). Revenue: UK£1.54b (up 13% from 1H 2023). Net loss: UK£136.3m (loss narrowed 42% from 1H 2023). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Duyuru • Jun 24
Ocado Group plc(LSE:OCDO) dropped from FTSE 100 Index Ocado Group plc(LSE:OCDO) dropped from FTSE 100 Index Duyuru • May 10
Ocado Group plc Appoints Gavin Patterson as an Independent Non-Executive Director, Member of the People Committee and the Remuneration Committee with Effect from 1 June 2024 Ocado Group plc announced that Gavin Patterson has been appointed as an Independent Non-Executive Director with effect from 1 June 2024. Gavin will also be a member of the People Committee and the Remuneration Committee, with those appointments taking place on the date of his appointment to the Board. Gavin was previously at Salesforce Inc., predominantly in the role of President and Chief Revenue Officer, before stepping down in January 2023. Prior to joining Salesforce, he held multiple senior roles at BT Group plc, including Group Chief Executive Officer between 2013 and 2019. Gavin brings to the Ocado Board, considerable expertise leading large multinational organizations and highly relevant experience of the global marketplace for platform services. His prior positions include management and marketing roles at Procter & Gamble. Gavin has served on various boards including of listed, privately held and private equity-owned companies as well as for several charities and educational establishments. Currently, he Chairs an AIM listed business, Elixirr International plc and the privately owned companies, Kahoot! and Beamery Inc. He is a Non-Executive Director of a NASDAQ listed company, Wix.com and Non-Executive Director of private entities, Fractal Analytics, X3T and Malt. He has an advisory role at Kraken Technologies. He also Chairs the British American Business Association and serves on the Council of the London School of Economics and Political Science. He graduated from Cambridge University with an MEng, Chemical Engineering. For the purposes of Listing Rule 9.6.13(1)R, Gavin Patterson was a Non-Executive Director of British Airways plc within the previous five years, but no longer holds this position. For the purposes of Listing Rule 9.6.13(3)R, Gavin Patterson was a Director of Tappit Technologies (UK) Ltd. at the time it went into administration in 2023. In accordance with the Listing Rules, there are no additional matters that would require disclosure under 9.6.11R nor 9.6.13R of the Listing Rules of the UK Financial Conduct Authority. Duyuru • Apr 04
Ocado Group plc Announces Rick Haythornthwaite Will Not Seek Re-Election to the Ocado Board At Its AGM in April 2025 Ocado Group plc is announcing that due to his increasing commitment as the recently appointed Group Chair of NatWest Group plc, Rick Haythornthwaite will not seek re-election to the Ocado Board at its AGM in April 2025. Reported Earnings • Mar 04
Full year 2023 earnings released: UK£0.39 loss per share (vs UK£0.59 loss in FY 2022) Full year 2023 results: UK£0.39 loss per share (improved from UK£0.59 loss in FY 2022). Revenue: UK£2.83b (up 12% from FY 2022). Net loss: UK£314.0m (loss narrowed 31% from FY 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year whereas the company’s share price has fallen by 37% per year. Duyuru • Feb 02
Ocado Group Announces Board Changes Ocado announced changes to the composition of the Ocado Group Board. Mark Richardson and Neill Abrams will step down as Executive Directors of the Ocado Group Board of Directors with effect from 2 February 2024. Mark will continue in his role as Chief Executive Officer of the Ocado Intelligent Automation business, a business that provides automated fulfillment technology in sectors outside of grocery retail and AI-powered software applications necessary to operate that technology long term. Neill will remain in his position as Group General Counsel and Company Secretary of the Ocado Group, and also retain responsibility for Ocado's real estate and sustainability groups. Mark and Neill will remain members of the Executive Committee, the executive management team for Ocado Group led by the Chief Executive Officer. These changes reflect the Board's focus on refreshing the composition of the Board and moving the Board closer to a more conventional listed company board structure, with two Executive Directors and eight Non-Executive Directors (including the Chair). Ocado now exceeds its Board Diversity objective for female representation on Board, with 50% female Directors. Breakeven Date Change • Dec 19
Forecast to breakeven in 2026 The 13 analysts covering Ocado Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of UK£40.0m in 2026. Average annual earnings growth of 53% is required to achieve expected profit on schedule. Board Change • Oct 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Rachel Osborne was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Sep 19
Ocado Group plc Provides Financial Guidance for 2023 Ocado Group plc provided financial guidance for 2023. For the period, the company expected revenue mid-single digit growth, with an improving trajectory during the year, reflecting a return to volume growth as the challenging comparison to larger volume basket shopping behaviors that remained in early 2022 fades. Duyuru • Jul 25
Ocado and Autostore Settle All Litigation Ocado Group plc ("Ocado" or the "Company") announces that the litigation between Ocado and AutoStore has been settled and each party is taking steps to withdraw their actions against the other party. The terms of the settlement are confidential, however can disclose that: There is a cross-licence of certain patents between the parties whereby: Ocado and AutoStore have complete freedom to access and use technology covered by each other's pre-2020 patents; Ocado and AutoStore are allowed to continue to use and market their own existing products without challenge of infringement of the other's post-2020 patents; AutoStore is not permitted to make or use a single-space cavity robot in any jurisdiction where Ocado has patent protection. AutoStore will pay £200 million to Ocado. This will be paid in 24 monthly instalments, starting in July 2023. The agreement gives access to part of each party's patent portfolio for them to use or develop their own products. It does not provide for collaboration, technology assistance or access to actual products. Reported Earnings • Jul 19
First half 2023 earnings released: UK£0.29 loss per share (vs UK£0.29 loss in 1H 2022) First half 2023 results: UK£0.29 loss per share. Revenue: UK£1.37b (up 8.6% from 1H 2022). Net loss: UK£233.7m (loss widened 10.0% from 1H 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Consumer Retailing industry in Europe. Duyuru • Jun 28
Ocado Group plc Announce Executive Changes, Effective from 1 September 2023 Ocado Group plc announces that Rachel Osborne has been appointed as an Independent Non-Executive Director with effect from 1 September 2023. Rachel will also be a member of the Audit Committee and the People Committee, such appointments taking place on the date of her appointment to the Board. Rachel Osborne was the Chief Executive Officer of Ted Baker, stepping down from the role in June 2023, and has previously served as the Chief Financial Officer of Debenhams plc, Domino's Pizza Group plc and was Finance Director of John Lewis Division within the John Lewis Partnership. Rachel brings a wealth of executive experience in large, global organizations and has both strong retail and consumer experience and business to business experience. New Risk • Jun 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (UK£256m net loss in 3 years). Reported Earnings • Mar 01
Full year 2022 earnings released: UK£0.59 loss per share (vs UK£0.30 loss in FY 2021) Full year 2022 results: UK£0.59 loss per share (further deteriorated from UK£0.30 loss in FY 2021). Revenue: UK£2.51b (flat on FY 2021). Net loss: UK£455.5m (loss widened 104% from FY 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Duyuru • Dec 01
Ocado Group plc to Report First Half, 2023 Results on Jul 18, 2023 Ocado Group plc announced that they will report first half, 2023 results on Jul 18, 2023 Recent Insider Transactions • Sep 17
Independent Non-Executive Director recently bought €3.1m worth of stock On the 15th of September, Jorn Rausing bought around 422k shares on-market at roughly €7.41 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €3.3m more in shares than they have sold in the last 12 months. Reported Earnings • Jul 22
First half 2022 earnings released: UK£0.29 loss per share (vs UK£0.11 loss in 1H 2021) First half 2022 results: UK£0.29 loss per share (down from UK£0.11 loss in 1H 2021). Revenue: UK£1.26b (down 4.4% from 1H 2021). Net loss: UK£212.5m (loss widened 159% from 1H 2021). Over the next year, revenue is forecast to grow 20%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 13% per year. Recent Insider Transactions • May 16
Independent Non-Executive Chairman recently bought €117k worth of stock On the 9th of May, Richard Haythornthwaite bought around 13k shares on-market at roughly €9.28 per share. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of €233k worth in shares. Reported Earnings • Feb 09
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: UK£0.30 loss per share (down from UK£0.17 loss in FY 2020). Revenue: UK£2.50b (up 7.1% from FY 2020). Net loss: UK£223.2m (loss widened 77% from FY 2020). Revenue missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 20%, compared to a 7.6% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jul 21
Board Member recently bought €230k worth of stock On the 19th of July, Luke Giles Jensen bought around 11k shares on-market at roughly €20.47 per share. In the last 3 months, there was an even bigger purchase from another insider worth €30m. Insiders have collectively bought €59m more in shares than they have sold in the last 12 months. Reported Earnings • Jul 08
First half 2021 earnings released: UK£0.10 loss per share (vs UK£0.082 loss in 1H 2020) The company reported a soft first half result with increased losses and weaker control over costs, although revenues improved. First half 2021 results: Revenue: UK£1.32b (up 21% from 1H 2020). Net loss: UK£77.8m (loss widened 36% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Executive Departure • May 21
Non-Executive Chairman Stuart Alan Rose has left the company On the 13th of May, Stuart Alan Rose's tenure as Non-Executive Chairman ended after 8.2 years in the role. As of March 2021, Stuart Alan personally held 452.28k shares (€11m worth at the time). A total of 3 executives have left over the last 12 months. Recent Insider Transactions • May 08
Independent Non-Executive Director recently bought €30m worth of stock On the 7th of May, Jorn Rausing bought around 1m shares on-market at roughly €22.25 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €44m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 24
COO & Executive Director recently sold €5.1m worth of stock On the 22nd of April, Mark Richardson sold around 200k shares on-market at roughly €25.37 per share. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 24
Independent Non-Executive Director recently bought €19m worth of stock On the 19th of March, Jorn Rausing bought around 819k shares on-market at roughly €23.18 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Mar 08
New 90-day low: €23.40 The company is down 3.0% from its price of €24.01 on 08 December 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.14 per share. Reported Earnings • Feb 10
Full year 2020 earnings released: UK£0.17 loss per share (vs UK£0.29 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: UK£2.33b (up 33% from FY 2019). Net loss: UK£126.0m (loss narrowed 41% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 79% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 10
Revenue misses expectations Revenue missed analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 13%, compared to a 55% growth forecast for the Online Retail industry in Germany. Is New 90 Day High Low • Feb 04
New 90-day high: €32.60 The company is up 13% from its price of €28.81 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.82 per share. Is New 90 Day High Low • Jan 18
New 90-day high: €29.40 The company is up 8.0% from its price of €27.33 on 20 October 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.83 per share. Is New 90 Day High Low • Dec 03
New 90-day low: €24.07 The company is down 6.0% from its price of €25.50 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.88 per share. Is New 90 Day High Low • Nov 11
New 90-day low: €24.25 The company is down 2.0% from its price of €24.87 on 12 August 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Is New 90 Day High Low • Sep 22
New 90-day high: €30.72 The company is up 39% from its price of €22.13 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.