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

Q1 2023 Ocado Group PLC Trading Statement Call Transcript

Mar 28, 2023 / 07:00AM GMT
Release Date Price: $5.4
Operator

Hello, and welcome to the Ocado Retail Q1 '23 Trading Update Analyst Call. Please note, this call is being recorded. (Operator Instructions)

I will now hand you over to Hannah Gibson, CEO, Ocado Retail, to begin today's conference. Please go ahead.

Hannah Gibson
Ocado Retail Limited - CEO

Good morning, everyone. This is Hannah Gibson, CEO of Ocado Retail. I'm joined this morning by the Chairman of Ocado Retail and CEO of Ocado Group, Tim Steiner.

The key message from today's first quarter trading statement is that we are on track to restore sales momentum. The performance of the business is in line with the expectations we set out with our Q4 trading statement on the 17th of January and there's no change to guidance, and more on that shortly.

Since the beginning of the year, we have been perfecting each of the elements that make Ocado so special. For our customers, this means delivering the best service in the market right to the kitchen table with on-time delivery and order accuracy back to pre-pandemic standards and close to our

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot