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Evening Standard
Evening Standard
Henry Saker-Clark

Ocado shares surge after ‘strong’ half-year

Ocado United Kingdom Ocado Retail Marks Spencer
Automated picking machines at the Ocado distribution warehouse in Luton. The company saw shares jump after reporting a return to profit and stronger sales (Jonathan Brady/PA) - (PA Archive)

Ocado hailed “strong” trading over the past half year as sales jumped on the back of progress in its technology arm and it reported rising demand from UK shoppers.

The online retail specialist also swung to a profit amid a boost from its joint venture with Marks & Spencer.

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