And the gobbledegook award goes to…

Ocado figures

Ocado announced trading figures today (9th. July 2019), reporting a £43m pre-tax loss. Share price up approximately 95 pts to 1259 on 9th July at: 13:30 (BST).

See Ocado latest trading data here.

Gobbledegook award – this made me laugh

Ocado statement

Over the last six months, the centre of gravity at Ocado Group has shifted from our heritage as an iconic and much-loved domestic pure-play online grocer to our future as a technology-driven global software and robotics platform business, providing a unique and proprietary end-to-end solution for online grocery, and an innovation factory, applying our technology expertise to adjacent markets and other verticals‘.

Just a bit of fun – but I have to admit, I’ve no idea what it means. Even so, Ocado is on my favourite company list at the moment.

Ocado website links

Ocado retail website

Ocado corporate website

Ocado reports and data link

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