Ocado - Profil

Ocado was established in the UK over 15 years ago and listed on the London Stock Exchange in July 2010. We are the world’s largest dedicated online grocery retailer with over 500,000 active customers shopping with us today. Our objective is to provide our customers with the best shopping experience in terms of service, range and price, which builds – plus... 

  • Congratulations to Ashley Smith and Tom mas Simmons for completing a charity bike event and raising £400 for the British Heart Foundation. Well done!
  • Andover Carnival Sunday 15th July. Ocado are again proud to sponsor the Andover Carnival this year. We will be there on the day, come see us and you could win some great prizes! We will also be discussing recruitment opportunities at Andover.
  • Ocado elevated to the FTSE 100, while M&S avoids the drop

Ocado is joining the FTSE 100 after seeing a big jump in its share price following a year of dealmaking.

The online retailer's promotion to the blue-chip index was confirmed on Wednesday in the latest quarterly reshuffle.

Marks & Spencer, in the FTSE 100 since the index was launched in 1984, just avoided the drop.

Soaring share price

Hargreaves Lansdown senior analyst Laith Khalaf said Ocado had had "a sensational year" in which its share price trebled.

In 2012 Ocado's share price was languishing around 60p, amid speculation that it could breach its bank lending covenants. On Wednesday, the shares closed at 887.6p.

Ocado shares rocket 44% on US tech deal

M&S profits slump on store closure costs

Ocado's market cap value ballooned to £6.1bn, overtaking that of several FTSE 100 companies, including M&S.

Getting into the FTSE 100 can often fuel further demand for a company's shares, since funds that track the FTSE or invest in the index can then add that stock to their portfolios. 'Stay of execution'

M&S narrowly avoided demotion. Its falling sales and share price are blamed on a failure to win back customers, as well as a poor online operation.

Mr Khalaf says the retailer's survival in the FTSE 100 may be "a stay of execution rather than a full pardon". M&S shares are down 5.5% this year.
  • We have been at the Coventry Job Centre, speaking with those who would like a career with Ocado following unexpected unemployment or recent redundancy. We are always recruiting! Find out more about our current positions at Ocado.jobs #Ocado #OcadoJobs #TheOnlineSupermarket


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