Ocado Group PLC (OTCPK:OCDGF)
$ 3.885 -0.055 (-1.4%) Market Cap: 3.23 Bil Enterprise Value: 4.57 Bil PE Ratio: 0 PB Ratio: 1.70 GF Score: 67/100

Ocado Group PLC Trading Statement Call Transcript

May 06, 2020 / 06:30AM GMT
Release Date Price: $22.25 (+4.85%)
Operator

Hello, and welcome to Ocado's AGM and Trading Update Analyst Call. (Operator Instructions) Today, I'm pleased to present David Shriver, Communications Director. Please begin.

David M. Shriver
Ocado Group plc - Communications Director

Thank you, Hugh, and hello, everyone. Thank you all for joining the call today. I hope that you, your families, friends and colleagues are all safe and healthy. Our sympathies to those who may have been touched more closely by the virus. And of course, we're grateful for the tremendous work of those on the front lines. This includes our own people, of course, and we're very proud of the way our colleagues have responded to this unprecedented challenge.

We're doing something unusual today, publishing a trading update with our AGM. We're doing this for 2 reasons: first, because we think it's important to keep the market updated on current trading during these exceptional times; and second, because as a result of government regulations, we're not allowed to have a physical meeting this year.

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