Supermarkets
Ocado posts £394m FY loss despite improved cash flow
The group largely attributed its revenues rise of 9.9% to its technology solutions, which saw a 44% growth to £420.5m for 2023
Ocado has posted a £394m pre-tax loss for FY23, despite also reporting strong revenues growth, positive adjusted EBITDA and improved cash flow across all of its businesses.
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