Ocado Group Reports Impressive Growth Amidst Challenges

In a remarkable turnaround, Ocado Group has reported a significant increase in profitability for the 52 weeks ending on November 30, 2025. With group revenue climbing by 12.1% to £1.36 billion, the online grocer and technology business has made strides toward financial stability, signifying a positive trend for its future.

Growth Across Key Segments

Notably, Ocado's Technology Solutions segment witnessed a 13% revenue growth, with EBITDA margins soaring from 16.2% to an impressive 25%. This segment delivered £140 million in EBITDA compared to £81 million from the previous year. Furthermore, Ocado Logistics also saw EBITDA increase to £38 million, up from £31 million, with an 11.5% growth in revenue.

Positive Metrics for Ocado Retail

Ocado Retail played a significant role in this upward momentum, posting a revenue increase of 15.4% and nearly doubling its EBITDA to £84 million, up from £45 million. The company experienced a growth in orders by 13.1%, which reinforces its operational strength and overall demand in the market.

Expansion in Operational Capabilities

Among the advancements, Ocado's Re:Imagined robotic picking system has been successfully implemented across 10 Customer Fulfillment Centers (CFCs), with the most advanced site automating approximately 50% of its volume processing. Additionally, a new three-module CFC in Warsaw was constructed and operational within 12 months, showcasing the company’s efficient site optimization capabilities.

A Promising Road Ahead

Despite facing some setbacks with its North American partners, Ocado is planning to add several new CFCs globally, with projects underway in locations such as Busan, Tokyo, and Barcelona. This proactive approach is essential for revitalizing the business and offsetting previous losses. Looking ahead, Ocado anticipates substantial growth with a projected Technology Solutions revenue of around £500 million for FY26 and ongoing improvements in EBITDA margins.

The recent financial results highlight not only the company's potential for recovery but also its commitment to innovation and expansion in the competitive e-commerce landscape. As Ocado navigates through its challenges, the positive trends in revenue and technology development present an optimistic outlook for the future.