Ocado Group PLC (MEX:OCDO)
MXN 129.5 0 (0%) Market Cap: 63.46 Bil Enterprise Value: 93.51 Bil PE Ratio: 0 PB Ratio: 1.86 GF Score: 51/100
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Q1 2023 Ocado Group PLC Trading Statement Call Transcript

Mar 28, 2023 / 07:00AM GMT
Release Date Price: MXN137.5
Operator

Hello, and welcome to the Ocado Retail Q1 '23 Trading Update Analyst Call. Please note, this call is being recorded. (Operator Instructions)

I will now hand you over to Hannah Gibson, CEO, Ocado Retail, to begin today's conference. Please go ahead.

Hannah Gibson
Ocado Retail Limited - CEO

Good morning, everyone. This is Hannah Gibson, CEO of Ocado Retail. I'm joined this morning by the Chairman of Ocado Retail and CEO of Ocado Group, Tim Steiner.

The key message from today's first quarter trading statement is that we are on track to restore sales momentum. The performance of the business is in line with the expectations we set out with our Q4 trading statement on the 17th of January and there's no change to guidance, and more on that shortly.

Since the beginning of the year, we have been perfecting each of the elements that make Ocado so special. For our customers, this means delivering the best service in the market right to the kitchen table with on-time delivery and order accuracy back to pre-pandemic standards and close to our

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