Ocado confident of sales surge as robot warehouses ramp up

Online supermarket Ocado has said it expects a surge in growth in the last quarter of year, following steady sales in its most recent quarter.

The news comes after the company reported an 11.5% increase in retail sales in the 13 weeks to Sept 2 as it continues to invest heavily in automated warehouses.

Chief financial officer Duncan Tatton-Brown said to “expect a significant increase from where we are today” in the next three months. “We are investing in a number of areas, primarily in our new platforms.”

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