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OCDO Ocado Group Plc

302.30
-1.90 (-0.62%)
31 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ocado Group Plc LSE:OCDO London Ordinary Share GB00B3MBS747 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.90 -0.62% 302.30 301.80 302.40 308.90 301.10 301.80 1,648,817 16:35:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Retail Stores, Nec 2.83B -314M -0.3814 -7.92 2.5B
Ocado Group Plc is listed in the Misc Retail Stores sector of the London Stock Exchange with ticker OCDO. The last closing price for Ocado was 304.20p. Over the last year, Ocado shares have traded in a share price range of 270.00p to 558.40p.

Ocado currently has 823,285,375 shares in issue. The market capitalisation of Ocado is £2.50 billion. Ocado has a price to earnings ratio (PE ratio) of -7.92.

Ocado Share Discussion Threads

Showing 5626 to 5648 of 6100 messages
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DateSubjectAuthorDiscuss
21/11/2024
13:44
Serial loser, Jon Smith, still chatting nonsense with his other LOSER NAMES, ha,ha,ha.

Same IP address, same location, same LOSER, you really couldn't make it up !!

sellhighandbuylow
21/11/2024
13:13
whites 123,
your long monologue , probably quoting a text you have seen, misses a few important things . FPTP is not a democratic voting system and favours the two major parties . my argument is based on FACTS , unlike yours ! How many left wing TV channels are there and how many folk from left wing THINK TANKS are there on TV and radio discussion programmes in UK ? Are you really not bright enough to see what I am getting at ?. So do you deny that the right rags are owned by billionaires with their journalists pumping out their viewpoints to indoctrinate the masses who read them , sometimes online. Here in OZ we have sky news and channels 7 and 9 owned by Murdoch ( well know LEFT WINGER :) ) , Stokes etc and similar situation to UK . So give me a break and start to say something which makes sense as i would make you look a fool if we debated it face to face .
Does not surprise me that you voted "reform" and it says a lot about you and you will be a selfish person lacking even a modicum of empathy and compassion , just like that excuse for a human being , theresa May or Farage !! Your support for the Rwanda plan PROVES this .

arja
21/11/2024
10:34
I think ocados strategy will very much depend on the kroger albertson news. If the merger goes ahead then kroger will naturally have to open more cfs. I read their results and they say the future is definitely digital.
wololol
21/11/2024
09:54
Absolutely agree—a US listing would be a game-changer for Ocado. The Nasdaq is a natural home for innovative tech companies like Ocado, with its investor base that genuinely understands and values disruptive technologies. The UK market, by contrast, often undervalues high-growth tech firms, treating them more like gambling chips in a speculative casino than assets with transformative potential.

This week we have seen how Nexxen’s decision to delist from the UK and pursue a full Nasdaq listing resulted in a 30% valuation jump in less than a week, with likely many 100%'s more to come. That’s proof of the confidence and appetite US investors have for forward-looking companies. For Ocado, a move like this could unlock access to greater capital, enhance its global profile, and connect it with shareholders who appreciate the long-term growth potential of its cutting-edge automation and robotics.

Staying in the UK risks Ocado being bogged down in a market that’s simply not built to support tech leaders. A US listing would finally allow Ocado to shine on the world stage, where it belongs.

whites123
21/11/2024
09:40
Thank you Wololol
dagoberia
21/11/2024
09:36
Jan 14th for ocsdo retail. Hoping for contact news before then
wololol
21/11/2024
09:31
Hello, are we expecting a trading update here soon?
dagoberia
21/11/2024
09:29
Yes the tech is not being valued. Think a listing in the US is in order . Would be 3x price at least.
wololol
21/11/2024
09:18
Ocado Group’s 600 Series Bot: the world's most advanced 3D-industrial printed product

hxxps://www.ocadogroup.com/media/news/ocado-groups-additive-first-bot

Additive Manufacturing, or as it’s more commonly known ‘3D printing’ has been around for decades. People have been experimenting with additive techniques - where objects are manufactured by adding material layers to something rather than subtracting materials until you achieve the right shape - since the 1980s.

In that time though, the technique has struggled to find a mainstream footing in global supply chains. The process of printing (particularly large parts) can be slow, the materials have been expensive, and the skill-set required to operate the process has not been available at scale in global labour markets.

As a result, most industrial use cases of 3D printing today involve the development of small numbers of individual parts, which are then combined with wider traditionally manufactured parts to build a complex industrial product. We see this playing out in specialist sectors like aerospace and healthcare, as well as niche, smaller-scale applications, such as the creation of medical prosthetics or components for engines and aircraft.

Ocado’s latest-generation fulfilment robot, the 600 Series Bot, introduces an innovative approach. Rather than considering 3D printing as an additional process, we adopted an "additive first" strategy. This led us to design a highly advanced, multi-part, AI-powered industrial robot where 3D printing is central to its overall design. The result is the most advanced 3D-industrial-printed product in the world.




What is the 600 Series Bot?

The super-lightweight fulfilment robot, or “bot”, is core to managing the large and diverse inventory requirements of an Ocado Customer Fulfilment Centre (“CFC”). It runs along the top of a hive structure in which totes of products are stored up to 21 bins deep and across areas equivalent to multiple football fields.

The 600 Series Bot is responsible for collecting and carrying individual totes of product, either to move inventory to make it more efficient for future order picking, or to bring product directly to robot or human pick stations to be bagged ready for delivery.

In comparison to previous models, the lightweight design of the 600 Series Bot - enabled by 3D printing - allows for the creation of lighter grids in our automated warehouses. These lighter grids can reduce installation time by up to 40% compared to our previous grid system, whilst lowering installation costs.

The bot is three times lighter than its predecessor.




Ocado's 600 Series Bot

What is Additive Manufacturing? ‍

Additive manufacturing, sometimes referred to as 3D printing, is the process of creating physical objects by adding material layer by layer from a digital design, adding material only when needed. Think of it like printing, but instead of layers of ink on paper, you are stacking thin layers of materials together to create a 3D object. This is in contrast to more traditional subtractive manufacturing, which involves ‘subtracting’ material - machining, cutting or drilling.

Why is Ocado’s use of Additive Manufacturing for the 600 Series Bot so unique?

By avoiding the delays of traditional manufacturing, which requires complex tooling with long lead times, our design team was able to swiftly design and enhance a complex, transformative product in its entirety.

This was achieved through:

A disruptive additive-first approach
Specialised expertise in the team

And cutting-edge tools - working with industry partners.
1. A disruptive additive-first approach

In traditional manufacturing, processes and materials are designed to complement each other, and the more components you make the cheaper they become. There are however limitations to these manufacturing methods that make complex or intricate geometries expensive or impossible to produce. Additive manufacturing can unlock these highly complex part designs, but without the right design and optimisation, its part cost often limits the technology to specialised areas like aerospace and healthcare, as well as niche, smaller-scale applications, such as the creation of medical prosthetics or components for engines and aircraft.

Instead of modifying a design for manufacturing to incorporate specific 3D-printed parts, we designed the 600 Series holistically for additive manufacturing, visualising our bot as additive-first right from the start. This forward-thinking approach allowed us to exploit the design freedom of additive manufacturing while also optimising our parts to achieve a cost-effective solution.

Our ‘all-in’ additive approach covers the entire process from design to prototype and production, with technological processes crafted to facilitate production at scale. This approach makes a compelling business case for the 600 Series Bot that helps us deliver best-in-class economics.


Ocado Group's 600 Series Bot
2. Specialised expertise in the team

Additive manufacturing is a ground-breaking technology, yet it is tricky to implement because of the complexity and interdisciplinary knowledge it requires. This unique expertise remains a key barrier to the adoption of additive manufacturing.

The team drew on a diverse range of skills to help them deliver the 600 Series Bot - skills which are often different from those used in conventional manufacturing.

For example, in designing the bot, the team uses techniques typically found in the aerospace sector to enhance component strength while minimising unnecessary material. Thanks to this specialised knowledge, we can develop lightweight, precisely tuned designs.

What’s more, the team took inspiration from agile methods in software engineering. Agile methodologies are based on the principles of teams starting small, testing and iterating at every step, alongside working in time-boxed periods to deliver the most value. By employing an additive-first approach, the team were able to design, 3D print, and assemble concepts for the bot at pace.

3. Cutting-edge tools

During production, the team created a unified design tooling strategy that combines internal solutions with specialised cloud-based tools, significantly speeding up production and increasing agility. The tools consist of cloud-based design platforms such as Onshape for global collaboration and nTop for optimising lightweight designs. This digital environment enables them to test and refine prototype components with global teams within days instead of weeks, reflecting the iterative and agile techniques already employed by Ocado in software development.


Topology Optimised parts of the 600 Series Bot

The product is well-suited for additive applications. It is small enough to quickly produce and 3D print prototypes in-house, which further reduces development time. And by partnering with HP, a leader in Additive Manufacturing, the team has established cutting-edge equipment and printing capabilities for scaling up - from equipment setup to processes and beyond.

What’s next for Ocado’s 600 Series Bot?

Matt Whelan, Engineering Director at Ocado, points out:

Our focus on additive-first design, combined with our specialised knowledge and state-of-the-art tools, has allowed our teams to rapidly produce an additive product at an unprecedented scale, setting us apart in the industry with the world’s most advanced 3D-industrial printed product.

As the team iterates on this cutting-edge bot at the bleeding-edge of industrial additive manufacturing applications, they aren’t only turning traditional manufacturing methods on their head; they are transforming fulfilment across industries.

whites123
21/11/2024
09:00
Ah arja, a classic tirade dripping with the righteous indignation of the enlightened masses! Let's break this down, shall we?

First, your claim that "75% of the UK media is controlled by extreme right-wing billionaires" is as tired as it is misleading. If the press were truly a monolithic right-wing propaganda machine, then how do we explain the near-constant adulation for woke ideologies, identity politics, and figures like Biden, Harris, and the Labour Party? The Guardian, BBC, Channel 4 – hardly bastions of Tory cheerleading, are they? The media landscape isn't a simple left vs. right dichotomy; it's a chaotic circus catering to all sides, with plenty of megaphones for the Far Left to bellow their utopian fantasies.

And let's not pretend the Far Left is some noble band of truth-tellers. When unchecked, they spin a fairy tale where the poor can be made richer by punishing the successful – robbing Peter to pay Paul, with Paul conveniently voting Labour or worse. Sorry, but confiscating wealth and suffocating ambition won’t create prosperity. Wealth is created through innovation, hard work, and free enterprise – not by squeezing the "evil rich" dry. If anything, your "make the rich poorer" mantra leads to mediocrity for all.

Now to FPTP. Yes, it’s flawed – I’ll give you that.

The Tories’ successes were not solely down to media support; it’s because they historically resonated with the aspirations of hardworking voters – something Labour often forgets when pandering to woke academics and latte-sipping ideologues.

And let’s address this “indoctrination” chestnut. You claim right-wing media brainwashes the masses, yet conveniently ignore the Far Left’s equally pervasive influence across universities, the arts, social media, and certain segments of journalism. Indoctrination goes both ways, my friend. Your assumption that anyone who disagrees with you must be "brainwashed" reeks of intellectual arrogance. Maybe people vote Tory not because they’re stupid but because they value low taxes, personal responsibility, and economic freedom over endless state handouts.

Finally, the audacity to paint Labour’s rare victories as miraculous underdog stories in a rigged system is laughable. If Labour lose, it’s not because of some right-wing media conspiracy; it’s because their policies are out of touch with the majority of the electorate. Even after 13 years of Tory mismanagement, Labour hasn’t stormed back into power because many people still remember the economic disasters of the last time they ran the show.

So, before you wax lyrical about democracy and media bias, take a moment to reflect on your own echo chamber. Democracy doesn’t mean your side always wins – it means the people choose. Sometimes, they choose differently than you’d like. Deal with it.

VOTE REFORM.......

whites123
21/11/2024
08:47
Troglodyte your sponsor left the room a long time ago..
qantas
21/11/2024
08:09
you haven't fared well with Ocado or Superdry or Asos or Boohoo or THG, that is for sure. 😂😂
throgmortonstreet
21/11/2024
02:22
fuji99,
about 75% of the Uk media controlled by extreme right wing billionaires indoctrinates their readers and listeners into voting for a party ( the Tory clowns) which protects the interests of the very rich and adversely affecting most of those viewers and readers ( mail , express, sun etc) . Hence , it is no wonder that the Tories are in power most of the time and amazing that labour ever get into power . Even an indoctrinated individual like yourself ( I assume you are not a billionaire ! ) can understand that , if the media was 75% left wing, it would be totally different outcome at election time . The Tory record was so VERY BAD since 2010 that even the billionaire owners of the right wing rags could not keep them in power . Anyway, about time the UK became a DEMOCRACY and abolished FPTP voting system which is obviously UNDEMOCRATIC !

arja
21/11/2024
02:10
factsandfigures,
you should change your name to liesandpropaganda sport . You must be a real thickie to make that comment as I am a part time day or overnight trader being selective and make heaps on aussie market both long and short :) . What kind of a record do you have ?

arja
20/11/2024
18:05
Ocado a visionary global business

Shorts doomed to failure and desperate.

Game changer OGRP

qantas
20/11/2024
16:01
ARJA Keep cool with the AC on Merry Christmas to you..
qantas
20/11/2024
14:56
https://brc.org.uk/news/corporate-affairs/80-retailers-write-to-chancellor-over-budget/
wololol
20/11/2024
14:37
Labour done a brilliant budget for retailers we'll done
wololol
20/11/2024
14:35
295 nailed on today can't wait
wololol
20/11/2024
14:00
Come on sell let's get below 300, I dares you
wololol
20/11/2024
13:58
Go sub 300 then bounce very hard
wololol
20/11/2024
13:13
QANTAS's appalling track record of financial losses on Superdry, Currys, ASOS, THG, Boohoo and Ocado means he couldn't even get a job interview cleaning toilets in the City of London !!
sellhighandbuylow
20/11/2024
13:07
Qantas conducting a conversation with another one of his LOSER NAMES (arja)

😂😂😂😂 8514;😂 You really couldn't make it up !! 😂😂😂😂 8514;😂

factsandfigures
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