|Bid||225.00 x 109800|
|Ask||550.00 x 263500|
|Day's Range||524.00 - 552.20|
|52 Week Range||233.10 - 603.20|
|PE Ratio (TTM)||2,635.00|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||414.88|
Kingfisher was the FTSE 100’s sharpest faller after full-year results showed weaker than expected UK sales at both its B&Q and Screwfix chains. Disappointing demand for big-ticket items in the fourth quarter ...
Online supermarket Ocado (OCDO.L) said on Tuesday its quarterly sales growth and profit were dented by snow storms that froze Britain in early March. The blast of Siberian winter, dubbed the Beast from the East, disrupted deliveries, reducing Ocado's profit by 1.5 million pounds, according to Chief Financial Officer Duncan Tatton-Brown. In December, Ocado said a driver shortage had slowed sales growth in the fourth quarter of its 2016-17 year, and last month it warned on 2017-18 core earnings due to increasing investment needs.
Britain’s spring cold snap has hurt sales growth at Ocado , the online grocer has said. In the 13 weeks to March 4, Ocado said that while its retail revenues were 11.7 per cent higher than in the same ...
In this analysis, my focus will be on developing a perspective on Ocado Group plc’s (LSE:OCDO) latest ownership structure, a less discussed, but important factor. Ownership structure of a companyRead More...
If you are looking to invest in Ocado Group plc’s (LSE:OCDO), or currently own the stock, then you need to understand its beta in order to understand how it canRead More...
Every year, Just Born Quality Confections makes about two billion brightly colored marshmallow treats known as Peeps. In August, the Bethlehem, Pa., candy maker will begin installing at its factory 16 robots with squishy blue “fingers” that can pick up and hold the pillowy Peeps without bruising them. The company hopes that its new robots’ grippers, made by Soft Robotics Inc., of Cambridge, Mass., and part of a soft-robotics movement, will help it speed up production without damaging the treats.
Retailer Casino (CASP.PA) delivered a cautious profit outlook on Thursday that hit its share price, as the French company grapples with reviving profits in its main markets of France and Brazil. Casino, which faces tough competition in France and a recession in Brazil, said it will step up its online offerings in the face of challenges from Amazon (AMZN.O) and will cut debt after it rose sharply in 2017. The retailer said it expects to grow profits in 2018 with the help of cost savings as it posted a 20.1 percent jump in its 2017 operating profit to 1.242 billion euros, which included 198 million euros (176.67 million pounds) in tax credits in Brazil.
Ocado Group plc’s (LSE:OCDO) latest earnings announcement in December 2017 indicated that the company experienced a significant headwind with earnings falling by -91.67%. Investors may find it useful to understandRead More...
Privately-held French supermarket operator Systeme U is discussing a possible grocery supply deal with Amazon, its chief executive said, amid growing speculation over the U.S. online retail giant's intentions regarding the French market. Amazon's purchase of Whole Foods in the United States last year has prompted speculation that it could be targeting the European food and supermarket sector next.
Ocado Group plc (LSE:OCDO) delivered a less impressive 0.37% ROE over the past year, compared to the 16.80% return generated by its industry. Though OCDO’s recent performance is underwhelming, itRead More...
Amazon's assault on the retail industry has brought misery to traditional retailers without a strong web presence. Less well noticed is the patchwork of European companies that are turning the e-commerce revolution to their advantage, supplying online giants with everything from forklift trucks and storage space to cardboard boxes and automated warehouses. Mainly bricks-and-mortar retailers such as Debenhams, H&M and Marks & Spencer have faced a torrid few years as stretched consumers increasingly look online for bargains.
Casino (CASP.PA) plans to buy shoe retailer Sarenza as the French group develops its Monoprix supermarket chain online to better compete with firms like Amazon (AMZN.O). Casino, whose credit rating was cut to junk by Standard & Poor's in March 2016, is under pressure to revive profits in France, its biggest market, where it now makes more than 50 percent of its sales, at a time of slower growth in Brazil. The planned takeover of Sarenza, which had sales of more than 250 million euros (221.46 million pounds)in its last fiscal year, follows an e-commerce deal between Casino and Ocado (OCDO.L).
Britain's major share index came close to recovering from a brutal global sell-off on Wednesday, rising from 10-month lows as shares in financials gained ground. The FTSE 100 (.FTSE) was up 1.9 percent at 7,279.42 points at its close, in line with a bounce across other European bourses. "Whilst we don’t expect this sell off to continue for an extended period of time, given that the fundamentals remain strong and unchanged, it is difficult to call the bottom and judge whether stocks have fallen sufficiently for investors to see value once again," said Fiona Cincotta, market analyst at City Index, said.
The following are the top stories on the business pages of British newspapers. Ocado Group Plc has raised 144 million pounds ($200.94 million) to invest in its international licensing division, despite admitting that it "didn't have to". Frustrated customers defecting from Barclays Plc boosted the number of net new clients won by Hargreaves Lansdown Plc to 61,000 in the six months to December.
Britain's major share index had its worst day since the Brexit vote on Tuesday as a violent global sell-off in stock markets and a spike in volatility shook investors. The FTSE 100 (.FTSE) closed down 2.6 percent at 7,141.4 points at the end of a chaotic day of trading which drove volatility sharply higher. It suffered its worst daily fall since June 24, 2016, when Britain's vote to exit the European Union roiled global markets.
European shares hit their lowest level since August 2017 on Tuesday as a global sell-off in equities deepened and volatility spiked on growing worries over inflation and rising bond yields. All sectoral indexes were trading in negative territory, pushing the pan-European STOXX 600 (.STOXX) index to fall for the seventh straight session, down as much as 3.2 percent, while the euro STOXX volatility (.V2TX) posted its biggest ever daily percentage gain, up 60 percent. The STOXX index recovered some ground through the session and closed down 2.3 percent with confidence in the region's economic recovery partly offsetting concerns about the rising volatility.
LONDON (Reuters) - Tesco was the top performer of Britain's four largest supermarket groups over the past 12 weeks, posting sales growth of 2.6 percent, although all four again lost market share to discount ...
British online supermarket Ocado (OCDO.L) warned on Tuesday that investment would put the brake on earnings this year and said it was raising around 150 million pounds by selling new shares. Core annual earnings for 2016-17 also fell short of forecasts and Ocado shares tumbled as much as 12 percent, caught up in broader market turmoil. Ocado, which has helped to drive online shopping in Britain, has been trying to sell its proprietary technology to international supermarkets in the past few years, with new deals seen as key to the company's valuation.
British online supermarket Ocado warned on Tuesday that investment would put the brake on earnings this year and said it was raising around 150 million pounds ($210 million) by selling new shares. Core annual earnings for 2016-17 also fell short of forecasts and Ocado shares tumbled as much as 12 percent, caught up in broader market turmoil. Ocado, which has helped to drive online shopping in Britain, has been trying to sell its proprietary technology to international supermarkets in the past few years, with new deals seen as key to the company's valuation.
Tesco was the top performer of Britain's four largest supermarket groups over the past 12 weeks, posting sales growth of 2.6 percent, although all four again lost market share to discount chains Aldi and ...