Ocado Retail revenue down (8)% in H1

Date : 21 July 2022

Rachel Sibson

Analyst

Ocado Retail announced a decrease in revenue of (8)% to £1.1bn in its first half, 26 weeks to 29 May 2022. Average basket size down Ocado said the decline in its Retail business reflected tough comparatives post-pandemic as well as the rising cost-of-living in the UK. Average basket size in…
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