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Ocado Group Swings to Fiscal H1 Loss; Revenue Climbs

MT Newswires·07/16/2026 02:26:42
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02:26 AM EDT, 07/16/2026 (MT Newswires) -- Ocado Group (OCDO.L) said Thursday that it swung to a loss in the first half of fiscal 2026, while revenue increased year over year. Loss attributable to owners of the group for the 26 weeks ended May 31 was 32.7 million pounds sterling, compared with a profit of 621.8 million pounds a year earlier. Loss per share was 0.039 pound, compared with an EPS of 0.714 pound in the corresponding period of the previous year. The British grocery technology group's revenue was 1.04 billion pounds, compared with 674 million pounds a year ago.