Mixed results for Ocado as losses widen

SUPR View:

  • Pre-tax loss of £44.4mm

  • Sales up 12.3% with 11.8% more customers

  • Earnings down 20.7%

  • Watch Waitrose negotiations - an extension of 2020 deal key to Ocado

  • Given the timing of the announcement - rumours of a new deal should be taken with a pinch of salt

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123 Victoria Street, London, SW1E 6DE

Telephone: +44 20 3790 8087,  Email: ir@atratocapital.com

ABOUT

Supermarket Income REIT plc is listed on the London Stock Exchange. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term inflation-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital is the Company's Investment Adviser.

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GOVERNANCE

Supermarket Income REIT Plc is a proud member of the Association of Investment Companies implementing the principles and recommendations of the AIC’s Code of Corporate Governance.

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