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Marks&Spen

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Sustainable Switch-The worst floods to hit central Europe

Sustainable Switch-The worst floods to hit central Europe Sept 19 - By Sharon Kimathi Energy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com Hello, Today’s newsletter continues to follow the developments from central Europe’s fatal flood. The worst floods to hit central Europe in at least two decades have left a trail of destruction from Romania to Poland and killed at least 22 people.
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UK's Ocado soars after retail JV's outlook upgrade

BUZZ-UK's Ocado soars after retail JV's outlook upgrade Updates with share move, milestones ** Shares in British online grocer Ocado OCDO.L up 16.7% to 408.1p, highest in seven weeks ** Stock is biggest percentage gainer on FTSE midcap index .FTMC which is up 0.77% ** Ocado Retail lifted its forecast for 2023-2024 year after reporting a 15.5% increase in revenue in its latest quarter that reflected growth in customer numbers ** The joint venture between Ocado and Marks & Spencer MKS.L now sees l
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UK's Ocado seen opening 10% higher on retail JV's outlook upgrade

BUZZ-UK's Ocado seen opening 10% higher on retail JV's outlook upgrade ** Shares in British online grocer Ocado OCDO.L are seen opening 10% higher, according to premarket indicators from brokerage ** Ocado Retail lifts its forecast for 2023-2024 year after reporting a 15.5% increase in revenue in its latest quarter that reflected growth in customer numbers ** The joint venture between Ocado and Marks & Spencer MKS.L now sees low double-digit percentage growth in FY24 revenue, compared with its p
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UK's Ocado Retail lifts revenue outlook after shopper numbers grow

UPDATE 2-UK's Ocado Retail lifts revenue outlook after shopper numbers grow Q3 shopper numbers up 10.3% Q3 retail revenue rises 15.5% Lifts annual revenue guidance Sticks to annual margin guidance Recasts with CEO comments By Sarah Young LONDON, Sept 19 (Reuters) - British online supermarket Ocado Retail said it was focused on competitive pricing as it sticks with its strategy of prioritising customer growth after a strong third quarter helped lift its annual revenue guidance.
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UK's Ocado Retail lifts guidance on customer growth

UK's Ocado Retail lifts guidance on customer growth LONDON, Sept 19 (Reuters) - British online supermarket Ocado Retail lifted its guidance for its 2023-2024 year after reporting a 15.5% increase in revenue in its latest quarter that reflected growth in customer numbers. Reporting by Sarah Young; Editing by Kate Holton
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