💪 Strong revenue growth, up 12.6% 📈 Higher adjusted Group EBITDA, £71.2m, up from £16.6m 📉 Lower underlying cash outflow, an improvement of £101m Read our full 2024 Half Year Results: https://lnkd.in/e_hwWD93 #OcadoGroup #OcadoGroupResults #OnlineGrocery
About us
We’re Ocado Group - a global, technology business redefining ecommerce, fulfilment and logistics in online grocery and distribution industries. Our cutting-edge, proprietary technology enables our partners and customers to win in their markets, develop a competitive advantage and offer an unparalleled customer proposition. Our mission is simple — to change the way the world shops for good. Our heritage as the UK’s largest pure-play online grocer through Ocado Retail LTD (a 50:50 joint venture with M&S), and expertise in high-performing logistics and fulfilment through Ocado Logistics, has equipped us with technology innovation, expertise and operational know-how to build and innovate the Ocado Smart Platform (OSP). OSP is the world’s leading ecommerce, fulfilment and logistics platform designed for the unique demands of online grocery and trusted by leading online grocery retailers worldwide. Now, with Ocado Intelligent Automation (OIA), our unparalleled experience and proven automated retrieval and storage technology is helping businesses outside of online grocery future-proof their fulfilment operations.
- Website
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https://www.ocadogroup.com
External link for Ocado Group
- Industry
- IT Services and IT Consulting
- Company size
- 10,001+ employees
- Headquarters
- Hatfield, Hertfordshire
- Type
- Public Company
- Specialties
- Online retail, UK grocery delivery service, Technology, IT, Engineering, Logistics, Operations, Customer Service, Supply Chain, Grocery, Finance, Automation, and Robotics
Locations
Employees at Ocado Group
Updates
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Ocado Group reposted this
On International Day of Charity, we're celebrating 10 Years of Code for Life! At Ocado Technology, we believe in technology having a positive impact on society and all of our futures. This is why we're incredibly proud of Ocado's non-profit initiative Code for Life, which has been nurturing young minds and empowering educators for the past 10 years. For the last decade, Code for Life's full-time team, supported by Ocado employee volunteers and external contributors, have provided free, engaging coding resources to schools and individuals across the globe. With over 260,000 active users across 170 countries, our mission is simple: to ensure that everyone, regardless of background, has the opportunity to learn how to code. 💻💫 Take a look at some of the photos we've taken over the years! 👇 Find out more about the incredible work that Code for Life does and the resources available to you: www.codeforlife.education #CodeForLife #LifeAtOcado #InternationalDayOfCharity
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NEW: We are excited to announce that both of our Australian CFCs commenced operations in July, and are now serving Coles Group customers in Sydney and Melbourne. Tim Steiner, Ocado Group CEO: “The start of operations in our two Australian CFCs is an exciting moment for teams at Ocado. Australia is one of the fastest developing markets in the world for grocery ecommerce, and Coles is already a market leader in the online channel.” A huge congratulations to all our colleagues who have helped us get to this big milestone and to all our friends at Coles! #OcadoGroup #Australia #onlinegrocery
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Our international Solutions business has come a long way in just 7 years, with 13 grocers now powering their online grocery with our technology. This month marks the anniversary of a big milestone for Ocado Solutions: the signing of our first international partner Bon Preu S.A.U. Using our In-Store Fulfilment (ISF) software and wider end-to-end solutions, we support Bon Preu in delivering online groceries to a growing number of households across Catalonia, bringing an unbeatable proposition to customers throughout the region. Gràcies Bon Preu, and here's to the next 7 years! #OcadoGroup #onlinegrocery #Catalonia
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Rolling out worldwide: On-Grid Robotic Pick (OGRP), a robotic arm installed directly on the grid. Bots operating on the grid deposit items next to the robot arms to be packed into bags. These arms need to be able to deal with a huge amount of variety of weight, size, shape, surface, fragility and packaging. How they manage this? Advanced machine vision, deep reinforcement learning, and sensing capabilities enable OGRP to pick tens of thousands of products and pack them densely into bags with precision and accuracy. #OcadoGroup #OnlineGrocery #automation #robotics
On-Grid Robotic Pick - the next critical frontier
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We don't just want to change the world of grocery. Ocado Intelligent Automation (OIA) delivers warehouse automation technology enabling businesses in many industries - from pharmaceuticals to consumer packaged goods - to future-proof their warehouse operations. Our range of industry-leading automation solutions provides transformational efficiency for modern warehouse operations seeking increased productivity, ultra-dense storage or highly accurate and secure stock management - to fit into their existing infrastructure, or new sites. This is OIA: https://lnkd.in/eg2V-KK9 #OcadoGroup #automation #OIA
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ICYMI: Reintroducing Automated Frameload (AFL)! We automated the most physically demanding job in the warehouse: the loading of prepared customer orders onto delivery frames ready for dispatch. AFL enables the efficient and accurate loading of delivery totes without human touch. How? Computer vision examines the tote and the frame, forms an understanding of the dimensions and shape of the tote and enables alignment with the frame, making direction adjustments in real-time to push the tote in. Read more about this cutting-edge technology that we're rolling out to OSP partners: https://lnkd.in/egR2Y4m2 #OcadoGroup #OnlineGrocery
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We are live in Spain! 🇪🇸 Powered by the Ocado Smart Platform, Alcampo's first state-of-the-art Customer Fulfilment Centre (CFC) began fulfilling orders today for customers across Madrid. The CFC is equipped with our latest technologies, including On-Grid Robotic Pick and Automated Frameload, with a delivery fleet using fully electric or hybrid vehicles. Get all the details: https://lnkd.in/eTvauE3y #OcadoGroup #OnlineGrocery #Spain Auchan Retail
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We are excited to announce that our newest Re:Imagined technology will be rolled out in Kroger Customer Fulfilment Centres (CFCs)! Kroger have ordered innovations including On-Grid Robotic Pick and Automated Frameload, to be implemented across multiple live CFCs as well as future sites. Tim Steiner, Ocado Group CEO: "Today marks another exciting milestone in our partnership with Kroger. Our current CFCs are already helping to deliver a game-changing quality of service to their customers across the USA. We are excited for these latest technologies to further enhance that proposition, as well as the efficiency of Kroger’s operations in current and future CFCs.” #OcadoGroup #OnlineGrocery
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Joining us for Half Year Results, Rodney McMullen, Chairman and CEO of Kroger, reflects on our unique partnership, delivering value, range and convenience for shoppers. Read more: https://lnkd.in/eU4sSDZS #OcadoGroup #OcadoGroupResults #OnlineGrocery