Ocado

OverviewSuggest Edit

Ocado Group is a company that operates as an online grocery retailer. Its Ocado Retail division offers organic groceries, toiletries, beauty and baby products, pet food products, and household goods under Ocado, Fetch, and M&S brands. Its Ocado Solutions, Ocado Technology, and Ocado Engineering divisions are focused on the development and monetization of intellectual property and technology used for the online retailing, logistics, and distribution of grocery and consumer goods.

TypePublic
Founded2000
HQHatfield, GBMap
Websiteocado.com

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Latest Updates

Employees (est.) (Dec 2019)15,152(+7%)
Revenue (FY, 2019)£1.8 B(+10%)
Share Price (Nov 2020)£22.1
Cybersecurity ratingDMore

Key People/Management at Ocado

Tim Steiner

Tim Steiner

Chief Executive Officer
Lord Rose

Lord Rose

Chairman
Luke Jensen

Luke Jensen

Chief Executive Officer, Ocado Solutions
Mark Richardson

Mark Richardson

Chief Operations Officer
Duncan Tatton-Brown

Duncan Tatton-Brown

CFO
Neill Abrams

Neill Abrams

Group General Counsel and Company Secretary
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Ocado Office Locations

Ocado has offices in Hatfield, London, Welwyn Garden City, McLean and in 4 other locations
Hatfield, GB (HQ)
Buildings 1 & 2 Trident Place Hatfield Business Park Mosquito Way
Hatfield, GB
Titan Court, 2nd Floor
London, GB
1 Old Street Yard, Old Street
Welwyn Garden City, GB
5 Bessemer Rd
Welwyn Garden City, GB
Aquarius House, Bessemer Road
Sofia, BG
ul. „Henrik Ibsen“ 13
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Ocado Financials and Metrics

Ocado Revenue

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Ocado's revenue was reported to be £1.76 b in FY, 2019 which is a 9.9% increase from the previous period.
GBP

Revenue (H1, 2020)

1.1b

Gross profit (H1, 2020)

362.3m

Gross profit margin (H1, 2020), %

33.3%

Net income (H1, 2020)

(80.1m)

EBITDA (H1, 2020)

19.8m

EBIT (H1, 2020)

(17.7m)

Market capitalization (30-Nov-2020)

16.5b

Closing stock price (30-Nov-2020)

22.1

Cash (1-Jun-2020)

1.3b

EV

16.3b
Ocado's current market capitalization is £16.5 b.
Annual
GBPFY, 2017FY, 2018FY, 2019

Revenue

1.5b1.6b1.8b

Revenue growth, %

9%10%

Cost of goods sold

959.5m1.1b1.2b

Gross profit

504.3m547.5m591.8m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Revenue

799.9m882.3m1.1b

Cost of goods sold

526.1m582.6m724.5m

Gross profit

273.8m299.7m362.3m

Gross profit Margin, %

34%34%33%
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Annual
GBPFY, 2017FY, 2018FY, 2019

Cash

150.0m410.8m750.6m

Accounts Receivable

28.1m52.4m67.5m

Prepaid Expenses

12.9m12.9m26.0m

Inventories

42.9m56.5m52.3m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Cash

447.6m360.1m1.3b

Inventories

43.4m44.4m51.4m

Current Assets

589.2m561.8m1.5b

PP&E

497.4m498.5m611.9m
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Annual
GBPFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

71.0m91.3m233.0m

Inventories

(3.8m)(13.6m)(7.6m)

Accounts Payable

45.1m55.0m8.0m

Cash From Operating Activities

106.8m128.4m51.7m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Depreciation and Amortization

41.7m55.2m76.6m

Inventories

(400.0k)6.6m900.0k

Accounts Payable

24.8m44.8m74.8m

Cash From Operating Activities

35.4m(8.6m)165.6m
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GBPFY, 2017

Revenue/Employee

114.4k

P/E Ratio

1.8k
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Ocado Operating Metrics

Ocado's Active Customers was reported to be 639 k in H1, 2020.
FY, 2015FY, 2016Q1, 2017H1, 2017FY, 2017Q1, 2018H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020

Active Customers

509 k580 k602 k645 k679 k721 k745 k795 k639 k

Weekly Orders

195 k230 k252 k260 k263 k280 k291 k296 k318 k325 k200 k

Deliveries per Van per Week

166 176 180 182 189 194 194 196 175

Partners

3 5 9
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Ocado Acquisitions / Subsidiaries

Company NameDateDeal Size
Haddington DynamicsNovember 02, 2020$25 m
Kindred AiNovember 02, 2020$262 m
Infinite Acres Holding B.V.December 31, 2019
Jones Food Company LimitedJune 07, 2019£8.60 m
JFC Hydroponics Ltd
Karakuri Limited
Last Mile Technology Limited
MHE JVCo Limited
Ocado Bulgaria EOOD
Ocado Central Services Limited
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Ocado Revenue Breakdown

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Ocado revenue breakdown by business segment: 26.4% from Solutions, 73.2% from Retail and 0.4% from Other

Human Capital Metrics

Source: www.ocadogroup.com, www.ocadogroup.com
Ocado's employees are reported to be approximately 19% female and 81% male.
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Ocado Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

Learn more about our premium products
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Ocado Online and Social Media Presence

Ocado's Trends

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Ocado News and Updates

November 13, 2020

Ocado shops its way to a robotics platform for groceries and beyond

Ocado doubles down on its mission to equip retailers like Kroger with the tech to take on ecommerce giants during the pandemic.
November 10, 2020

DataArt is a strategic technology partner for Ocado Technology, the UKs leading online grocery retailer.

DataArt helped Zesty, a known European digital health company, develop an innovative portal where patients manage their healthcare right from a smartphone.read more
November 02, 2020

Today in European Tech: Lack of diversity in UK VC, Ocado shops for robots, all-new Raspberry Pi, European PE industry is pandemic-proof, and more

Hello! Here is what happened today (and over the weekend) in European tech: Deals – Italian payments technology firm Nexi is leading negotiations to buy Nordic rival Nets in an all-stock deal worth about $10 billion after trumping competition from U.S. firm Global Payments, four sources told Reuters…
October 13, 2020

Ocado sales surge on new M&S deal amid online shopping shift

Ocado added thousands of new customers following the launch of its partnership with Marks & Spencer amid a sustained rise The post Ocado sales surge on new M&S deal amid online shopping shift appeared first on CityAM.
October 07, 2020

Grocery Giant Tesco Sets Its Sights on Ocado

Grocery Giant Tesco Sets Its Sights on Ocado
October 01, 2020

Ocado Faces Patent Infringement Lawsuits in U.S., U.K.

Ocado Faces Patent Infringement Lawsuits in U.S., U.K.
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Ocado Blogs

December 04, 2020

Lisa Faulkner’s Christmas recipes

December 04, 2020

The season of giving: Trees for Cities

As it’s National Tree Week, we think it’s fitting to announce our new partnership with charity Trees for Cities. As our first donation, we were able to donate over £500K, which means they’ll be able to plant 100,000 trees. This […]
December 03, 2020

Tastemade’s Christmas cocktails

Our friends at Tastemade are spreading the festive cheer in the form of festive cocktail recipes. We hope you enjoy making and sipping these alcoholic and alcohol-free yuletide drinks. Ginger Sparkle Prosecco Instructions Add the demerara sugar and edible glitter […]
December 03, 2020

How to style a merry and bright Christmas tree

’Tis the time of the year to dust off those baubles and wrestle with tangled fairy lights. But if 2020 is the year your decorations need a refresh, you’ll love our ideas below. Get crafty – recycle, reuse or forage […]
December 03, 2020

Rosemary and Bacon Butter-Roasted Turkey

A slow-grown, dry-plucked bird like a Kelly Bronze turkey doesn’t take long to cook. This removes a little stress from the day, and creates more space and time in the oven for all the trimmings. Serves 8-14 Ingredients  Get the […]
December 03, 2020

Gammon with a Smoked Mustard Glaze

Gammon is a Christmas classic and our top tip for this mouth-watering meat is to add a dab of Halen Môn’s dijon mustard for a hint of smokiness. Serves 4-8 Total Time  2hrs + Ingredients  Get the ingredients here 1-2.5kg […]
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 Ocado Frequently Asked Questions

  • When was Ocado founded?

    Ocado was founded in 2000.

  • Who are Ocado key executives?

    Ocado's key executives are Tim Steiner, Lord Rose and Luke Jensen.

  • How many employees does Ocado have?

    Ocado has 15,152 employees.

  • What is Ocado revenue?

    Latest Ocado annual revenue is £1.8 b.

  • What is Ocado revenue per employee?

    Latest Ocado revenue per employee is £115.9 k.

  • Who are Ocado competitors?

    Competitors of Ocado include Instacart, Morrisons and John Lewis.

  • Where is Ocado headquarters?

    Ocado headquarters is located at Buildings 1 & 2 Trident Place Hatfield Business Park Mosquito Way, Hatfield.

  • Where are Ocado offices?

    Ocado has offices in Hatfield, London, Welwyn Garden City, McLean and in 4 other locations.

  • How many offices does Ocado have?

    Ocado has 10 offices.