Morningstar's Ocado Group PLC Stock Analysis
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Ocado Group PLC's Company Profile
One of the world’s leading pure online grocers, Ocado operates in two segments. Ocado Retail is the group’s online grocery business in the United Kingdom (joint venture with Marks & Spencer); it offers an extensive product range of over 55,000 items through its Ocado.com website and holds more than 15% of the U.K. online grocery market and around 2% of the U.K. grocery market. Ocado Solutions is based on the Ocado Smart Platform, a modular, automated online retail fulfilment and delivery solution, which includes the provision of software, fulfilment hardware, and support services to corporate customers for various up-front and recurring fees. OSP has enabled the company to partner with leading grocers around the world in addition to Ocado’s own retail business.
Hatfield, Hertfordshire, AL10 9UL, United Kingdom