Ocado loses remain despite sales rise

Ocado van on residential street

Ocado posted a group-adjusted EBITDA of £51.6m, up £125.7m from a loss of £74.1m in 2022.

EBITDA for Ocado Technology Solutions and Ocado Logistics was positive at £15.4m and £30.1m respectively, while Ocado Retail returned to a positive adjusted EBITDA of £10.4m after a loss of £4m in 2022.

 

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