Ocado Sees First Profit Since Launch In 2000

Written By Unknown on Selasa, 03 Februari 2015 | 14.47

Online grocery firm Ocado has reported its first annual pre-tax profit since it was launched in 2000.

The company said in the year to November 30 its profit reached £10.1m.

The figure was in line with expectations and comes on the back of a £3.8m loss in the previous year.

The company signed a deal with supermarket chain Morrisons in 2013.

Analysts said the online delivery sector was currently growing at around 15% a year.

Group sales for the year rose by a fifth, to £1.03bn.

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