Ocado Group PLC (CHIX:OCDOl)
£ 3.575 0.072 (2.06%) Market Cap: 2.94 Bil Enterprise Value: 4.12 Bil PE Ratio: 0 PB Ratio: 2.15 GF Score: 65/100

Q3 2020 Ocado Group PLC Trading Statement Call Transcript

Sep 15, 2020 / 06:30AM GMT
Release Date Price: £26 (+10.54%)
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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