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Ocado Group Plc: 1 director

A director at Ocado Group Plc bought 100,000 shares at 225p and the significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...

Ocado Group plc: Update to credit analysis

Our credit view of this issuer reflects its track record of sustained access to different capital markets and its geographic diversification, against its elevated financial leverage.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Ocado Group plc and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 14 October 2024 in which we reassessed the appropriateness of the ratings in the context of...

Ocado Group plc: Covenant Quality Pre-Sale Snapshot: £350m _._% Senior...

Ocado Group plc’s (the “Issuer”) covenant package provides weak protection (3.80).

Moody's Ratings says Ocado's refinancing leaves ratings unaffected

Moody's Ratings (Moody's) informs today that the B3 long-term corporate family rating (CFR) and the B2-PD probability of default rating (PDR) of Ocado Group plc (Ocado or the company), along with the B3 rating of the company's £500 million backed senior unsecured notes due 2026, are unaffected by th...

Ocado Group plc: Improving profits but cash consumption remains high

Results for the first half of fiscal 2024 underscore improving profits but the company continues to consume cash at a high, albeit slowing, rate

Ocado Group plc: EBITDA turns positive again, but cash burn will conti...

However, liquidity remains adequate and cash burn should reduce as capex will continue to be curtailed

Ocado Group plc: Update to credit analysis

Our credit view of this issuer reflects its currently adequate liquidity and a track record of good access to different capital markets, against its very elevated financial leverage.

Moody's affirms Ocado's B3 rating; outlook stable

Moody's Investors Service (Moody's) has today affirmed Ocado Group plc's (Ocado or the company) B3 corporate family rating (CFR). At the same time, Moody's has affirmed the company's B2-PD probability of default rating (PDR) and the B3 rating of the company's GBP500 million backed senior unsecured n...

Ocado Group plc: Update to credit analysis

Our credit view of this issuer reflects its very high financial leverage and rate of cash consumption but liquidity is adequate, with no immediate debt maturities

Pelham Smithers
  • Pelham Smithers

PSA Global Semiconductors: Opportunities & Risks from the AI Chip Boom

This report looks at the potential for the AI chip market and at who the winners and losers might be.

Ocado Group plc: Claims settlement with Autostore will strengthen Ocad...

We expect the company's cash balances will adequately cover its capital requirements between fiscals 2024-25.

Ocado Group plc: Group EBITDA loss and reduced guidance are credit neg...

However, liquidity remains adequate and cash burn should reduce as capex will be curtailed

Ocado Group plc: Retail EBITDA will remain negligible in 2023, a credi...

Lower than expected EBITDA will negatively affect Ocado's leverage, which is already very high, but also its liquidity

Ocado Group plc: Ocado lowers retail guidance, a credit negative

Negative rating pressure could ensue if EBITDA growth falls short of Moody’s expectations.

Ocado Group plc: Update following downgrade to B3

Our credit view of Ocado reflects its high leverage and cash consumption mitigated by adequate liquidity for now, recently boosted by an equity raise

Moody's downgrades Ocado to B3 from B2; outlook stable

Moody's Investors Service ("Moody's") has today downgraded to B3 from B2 the corporate family rating (CFR) of technology-driven software and robotics platform business and UK online grocery retailer Ocado Group plc (Ocado or the company). At the same time, Moody's downgraded the probability of defau...

Moody's downgrades Ocado to B3 from B2; outlook stable

Moody's Investors Service ("Moody's") has today downgraded to B3 from B2 the corporate family rating (CFR) of technology-driven software and robotics platform business and UK online grocery retailer Ocado Group plc (Ocado or the company). At the same time, Moody's downgraded the probability of defau...

Ocado Group plc: Equity raise will strengthen liquidity but leverage r...

Ocado is executing an ambitious investment plan with very significant funding requirements with an uncertain payback

 PRESS RELEASE

Ocado Retail Trading Update

(OCDO) Ocado Retail Trading Update 25-May-2022 / 08:32 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. OCADO GROUP PLC   25 May 2022 Ocado Retail Trading Update    Ocado Group (“Group”) has issued today a Trading Update for Ocado Retail to coincide with the publication of the Marks & Spencer Full Year 2021 results which include Ocado Retail results to the end of Q1 2022.    Summary   Since the beginning of Q2, Ocado Retail has continued to win new customers and grow mar...

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