Ocado jumps 6% at open after earnings report - Breaking The News
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Ocado jumps 6% at open after earnings report

EPA/WILL OLIVER

Ocado Group shares jumped more than 6% on Tuesday's opening after the company released its latest financial results for the year's first half.

According to the report, the company's revenues rose 9% to £1.4 billion, driven mainly by Technology Solutions, a division that saw its profits soar 59%. The group posted an EBITDA of £17 million and kept its full-year forecast unchanged.

At 9:13 am CET, Ocado jumped 6.02% to sell at £616.

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