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
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Q3 2020 Ocado Group PLC Trading Statement Call Transcript

Sep 15, 2020 / 06:30AM GMT
Release Date Price: $33.66 (+9.66%)
Operator

Hello, and welcome to the Ocado investor analyst update. I'll shortly be handing you over to Duncan Tatton-Brown and David Shriver, who will take you through today's presentation. And there'll be an opportunity for Q&A later in the call.

For now, over to Duncan and David at Ocado.

David M. Shriver
Ocado Group plc - Communications Director

Good morning, everyone. This is David Shriver, Communications Director of Ocado Group. Welcome to the third quarter trading update for Ocado Retail, which, as you all know, is a 50-50 joint venture between Ocado Group and Marks & Spencer. Our Chief Financial Officer, Duncan Tatton-Brown, will give you a brief summary of Ocado Retail's performance in Q3 as well as an update on the switchover to M&S on the 1st of September and then we'll go to questions.

Duncan, over to you.

Duncan Tatton;Brown
Ocado Group plc - CFO & Executive Director

Thank you, David. Ocado Retail has had another quarter of growth as update. Sales in Q3 grew 52

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