Ocado Group Sees Positive Signs of Growth Amidst Challenges

In an encouraging financial update, Ocado Group has reported a notable increase in profitability for the 52 weeks ending November 30, 2025. With group revenue climbing by 12.1% to reach £1.36 billion, the online grocer has also seen adjusted EBITDA surge by an impressive 59%, totaling £178 million.

Technology Solutions Flourishes

One of the highlights of the report is the robust performance of Ocado's Technology Solutions segment, which experienced a revenue growth of 13.0%. The segment's EBITDA margins expanded significantly from 16.2% to 25.0%, contributing £140 million in EBITDA compared to £81 million the previous year. This growth demonstrates the increasing value of Ocado's technology offerings, which are at the core of its operations.

Impressive Growth in E-commerce Operations

Ocado Retail has similarly made strides, reporting a 15.4% rise in revenue, with EBITDA nearly doubling to £84 million from £45 million. The number of orders grew by 13.1%, indicating a strong demand for its services, which reflects the growing importance of online grocery shopping.

Advancements in Robotic Technology

In a testament to its innovative edge, Ocado's Re:Imagined robotic picking system has been rolled out across 10 customer fulfillment centers (CFCs). This advanced technology is currently enabling one of its most sophisticated sites to pick roughly 50% of its volumes robotically. Such advancements not only improve efficiency but also place Ocado in a favorable position within the competitive landscape of online grocery services.

Expansion Plans to Fuel Future Growth

Looking ahead, Ocado has exciting plans to expand its operations worldwide. The company is set to launch six new CFCs over the next two to three years, including locations in Busan, Tokyo, Phoenix, Barcelona, and Seoul. This expansion, combined with an expected 10 to 15 new modules in fiscal years 2026 and 2027, underscores Ocado's commitment to enhancing its global presence and operational capacity.

While Ocado faced some setbacks with key partners in North America, the overall positive financial performance and strategic expansion plans highlight its ability to adapt and grow amidst challenges. With expectations for continued revenue growth and improvements in its technology solutions, Ocado Group remains an influential player in the online grocery market with a promising outlook for the future.