Ocado Group PLC (OTCPK:OCDGF)
$ 4.51 -0.17 (-3.63%) Market Cap: 3.81 Bil Enterprise Value: 5.34 Bil PE Ratio: 0 PB Ratio: 2.07 GF Score: 67/100

Q4 2022 Ocado Group PLC Trading Statement Call Transcript

Jan 17, 2023 / 08:00AM GMT
Release Date Price: $9.03 (-3.94%)
Operator

Good morning, ladies and gentlemen, and welcome to this Ocado Retail Q4 Trading Update Call for Analysts. Today's call is being recorded. (Operator Instructions)

I will now hand over to Hannah Gibson, CEO of Ocado Retail. Please go ahead.

Hannah Gibson

Hello, everyone. This is Hannah Gibson, CEO of Ocado Retail, and welcome to the fourth quarter trading update analyst call for Ocado Retail, the joint venture between Ocado Group and M&S. I'm joined today by Tim Steiner, the Chair of Ocado Retail and CEO of Ocado Group; and Stephen Daintith, CFO of Ocado Group.

You'll have seen this morning the RNS from Ocado Group with the details of Q4 trading and an update on guidance as well as the film broadcast on the Ocado Group website, where I took a great length about my vision and strategy for the business. I then propose that we go through all the details again here, but let me just take this opportunity to quickly summarize the Q4 numbers and the outlook, which we will then go straight to Q&A after that.

So revenue was GBP 549.4 million

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