Will the trend reversal succeed for the online grocery retailer?
The rapid and profitable growth of the technology division could draw investors' interest to the Ocado Group!
By the fiscal year 2026, the company aims to achieve positive cash flow. These statements could favor a turnaround scenario for the stock!
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The online grocery retailer Ocado Group made headlines on July 17 with its presented fundamental data. Notably, the strong rise in adjusted EBITDA caught attention. The sale of shares in Ocado Retail (the online supermarket) had a positive effect, but the strong growth of the technology division also fuels hopes for the future. Ocado has also formed new partnerships in South Korea and Saudi Arabia and is continuously improving its automated warehouses. The technology is in increasing demand, which offers Ocado enormous growth potential, even outside...
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