Getty Images
Ocado has reported widening losses in the year ending 2 December 2018.
The online food retailer recorded a pre-tax loss of £44.4m, compared with £8.3m in the previous 12 months.
However, its sales rose by 12.3% to £1.59bn and chief executive Tim Steiner said: “We now have in place a platform for significant and sustainable long-term value creation.”
Last week, Ocado’s shares rose by as much as 6.7% after a suggestion it may do a deal with Marks and Spencer.
Source by [author_name]
TEST... If it is alright with you, would it not be better to make it…
TEST... Would it be okay with you if selling was just easy? Would you be…
TEST... Adding music to your videos can help to increase engagement, sales and more. We…
TEST... This is very rarely discussed. And it is one of the most powerful things…
TEST... In this video, I show you (Watch Over My Shoulder Style) how you can…
TEST... More times than not, you may find that the thing holding you back has…