Ocado Group PLC

Earnings Release • Jan 14, 2015

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RNS Number : 0907C

Ocado Group PLC

14 January 2015

14 January 2015

Ocado Group plc

Christmas Trading Statement

Gross sales (Retail) for the 31 days of December were 14.8% up on last year.

Tim Steiner, Chief Executive Officer of Ocado, said:

"We continued the solid growth performance from Quarter 4 into the run up to Christmas. On our biggest day leading up to Christmas, sales were nearly £6m, up over 15% on the previous year.  In the seven days to Christmas, our CFCs processed nearly 40% more items for Ocado.com and Morrisons.com than over the same period last year, demonstrating the capabilities of our facilities.

"Our focus remained on delivering the highest service levels at this very important time for customers, while offering the widest range at competitive prices."

The Preliminary Results Announcement will be made on 3 February 2015.

Contacts

·      Duncan Tatton-Brown, Chief Financial Officer, on 01707 228 000

·      David Hardiman-Evans, Head of IR & Corporate Finance, on 01707 228 000

·      David Shriver or Katharine Wynne, Tulchan Communications on 020 7353 4200

Notes

1.     Gross sales (Retail) refers to the results of Ocado.com, Fetch.co.uk and Sizzle.co.uk, our retail operations. Gross sales include revenue plus VAT and marketing vouchers.

2.     The figures used in this announcement are unaudited.

3.     A copy of this trading update is available on www.ocadogroup.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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