Ocado Group PLC (OTCPK:OCDDY)
$ 7.9 0.5 (6.76%) Market Cap: 3.05 Bil Enterprise Value: 4.54 Bil PE Ratio: 0 PB Ratio: 1.69 GF Score: 54/100

Q4 2019 Ocado Group PLC Trading Statement Call Transcript

Dec 12, 2019 / 07:30AM GMT
Release Date Price: $31.51 (-2.45%)
Operator

Good day and welcome to the Ocado Q4 Analyst Call. (Operator Instructions) Just to remind you, this conference call is being recorded.

Today, I am pleased to present David Shriver and Duncan Tatton-Brown. Please go ahead with your meeting.

David M. Shriver
Ocado Group plc - Communications Director

Thank you, operator. Good morning, everyone. This is David Shriver, Communications Director in Ocado Group. Welcome to the fourth quarter sales analyst call for Ocado Retail, which, as you all know, is now a 50-50 joint venture between M&S and Ocado Group. Our Chief Financial Officer, Duncan Tatton-Brown, will give you a summary of Ocado Retail's performance in Q4, and then we'll go to questions.

Duncan, over to you.

Duncan Tatton;Brown
Ocado Group plc - CFO & Director

Thank you, David. We're delighted to report continued good sales growth at Ocado Retail over the fourth quarter, the first full quarter of its new journey as a joint venture between Ocado Group and M&S. Under

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