Friday 4 February 2011

Market Watch

Ocado posts first quarterly profit
Ocado posted its first ever quarterly profit. Fourth-quarter profit came in at £300,000.

Good for them.
But on sales of
£551 million .. ??
Annual losses still £12.2 million.

Still .. it floated in July 2010 at a disappointing 1.80 but yesterday was up to 2.49.

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