31-01-2017 08:41 via uk.news.yahoo.com

Profits rise at Ocado, no update on overseas deal

British online supermarket Ocado on Tuesday reported a 3.3 percent rise in full-year core earnings and said it was well positioned for growth, though there was no significant update on a long-awaited overseas deal. The firm, which sells products supplied by upmarket grocer Waitrose [JLP.UL] and also has a distribution agreement with Morrisons , said it made earnings before interest, tax, depreciation and amortisation (EBITDA) of 84.3 million pounds in the year to Nov. 27 2016. Agreements with re
Read more »