Ocado says retail landscape changing for good
The landscape for food retailing is changing for good.
That's according to British online grocer and technology group Ocado.
It reported a 69% jump in annual core earnings on Tuesday. (February 9)
Boosted by stuck-at-home consumers generating huge demand for deliveries.
The increase reflected revenue growth of 35% at Ocado Retail - the joint venture between Ocado and Marks & Spencer.
That offset a negative contribution from Ocado's overseas technology arm due to additional costs associated with faster growth and accounting rules.
Shares in Ocado have more than doubled over the last year.
Giving the group a stock market capitalisation of almost $29 billion - nearly four times the value of Sainsbury's, Britain's No.2 supermarket group by sales.
The attraction of home delivery has paid off, but so too has demand globally for its state-of-the-art robot-operated warehouses.
In 2020 Ocado opened its first Customer Fulfilment Centres for Casino in France and Sobeys in Canada.
It also has deals with groups in the United States and Japan.
Ocado's earnings rose to $101 million in the year to the end of November.
It said retail revenue growth for this year would be highly dependent on the length of restrictions.
Shares in the company were down around 2% by early afternoon, reflecting a planned hike in capital expenditure.
And an expectation of increased international technology losses as investment is stepped up.
相關影片推薦
- 2:10柯遭聲請延押!黃國昌震驚稱押兩個月找嘸證據 簡舒培一劍封喉民視影音161,962 次觀看・1 天前
- 1:43試營運首週末擠爆! 林口三井二館湧人潮車潮華視影音1,013 次觀看・8 小時前
- 2:14「優式」劉興漢買大谷50轟球 「程式交易」月賺2億TVBS新聞網影音791 次觀看・7 小時前
- 1:13胡瓜穿睡衣大鬧"籃籃入厝趴" 送馬桶刷盼運氣暢通民視影音39,263 次觀看・1 天前
- 1:49"黑白大廚"美食地圖爆紅! 台北黃家香腸.板橋珍奶湧人潮民視影音26,109 次觀看・6 天前
- 1:37超噁...北捷最長電扶梯上尿尿 男被開罰1千5百元民視影音29,597 次觀看・22 小時前
- 2:03張忠謀免輪椅「繞場走400米」 員工喊:爺爺我愛你TVBS新聞網影音676 次觀看・7 小時前
- 1:48鏡來吃好料!50年老牌麻油雞 「麻油」成致勝關鍵|#鏡新聞鏡新聞7,182 次觀看・3 天前
- 2:42獨家!林青霞愛店"東門興記"遺產糾紛 二女兒控小弟毆打民視影音1 天前
- 1:12週末很夏天! 下週一東北季風增強 北部轉涼華視影音1,171 次觀看・8 小時前
熱門必看
- 2:09【盤點】金鐘59戲劇得獎名單看這邊! 吳慷仁缺席典禮奪視帝 楊貴媚打敗賈靜雯等強敵獲獎Yahoo奇摩娛樂 電視影音130,561 次觀看・6 天前
- 3:03金鐘59/鄭元暢得獎喊話林心如是我偶像! 楊謹華槓龜7次忘謝「這群人」後台超驚慌Yahoo奇摩娛樂 電視影音80,371 次觀看・6 天前
- 2:31金鐘59/李銘順拜拜敲鐘!打敗弟弟「獎金給他」 許瑋甯贏了林依晨連莊奪獎Yahoo奇摩娛樂 電視影音86,261 次觀看・6 天前
- 1:52金鐘59迷你劇集男、女配角出爐 柯震東要把幸運紅內褲借給「她」Yahoo奇摩娛樂 電視影音62,148 次觀看・6 天前
- 2:57金鐘59/【盤點】金鐘59戲劇類紅毯最帥最美! 女神剪激短髮太性感...韓劇偶像也來了?Yahoo奇摩娛樂 電視影音83,221 次觀看・1 週前