Ocado Group’s Post

💪 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

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

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

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

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

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

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

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

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

Ocado Retail, our joint venture with Marks and Spencer, is the UK’s fastest-growing food retailer for five months in a row! As announced in yesterday's Half Year Results, Ocado Retail continues to lead in online grocery with +11% sales growth evidencing continued demand in the channel and their leading customer proposition. Congratulations to all our colleagues at Ocado Retail! #OcadoGroup #Ocado #OnlineGrocery #UK