Skip to content

Three Quick Facts: Ocado, Experian, B&M

Three Quick Facts: Ocado, Experian, B&M

Three things you need to know as the UK financial markets open, from Tony Cross.

#1. Cash outflows falling at Ocado

Ocado LON:OCDO posted interim results today with a 12.6% uptick in revenues and more importantly a close-on halving of losses which now stand at ‘just’ £154m. Cash outflows are falling and current forecasts have the business seeing a material cash flow improvement this year and being cash-positive during FY26. Perhaps most critically, the JV with Marks & Spencer LON:MKS – Ocado Retail – is EBITDA positive although falling food inflation and value pricing is set to weigh on average selling prices.

#2. B&M: like-for-like revenue contraction highlights cost of living crisis

There’s a trading update for Q1 out from B&M European Value Retail LON:BME that shows the company continuing to post revenue growth albeit at a pace that’s barely keeping up with inflation. Group sales are up 2.4% year-on-year using a constant currency basis, but that has also been driven by new store openings. Contraction was reported on a like-for-like basis, reflecting tough comparatives but also underlining the scale of the cost of living crisis.


#3. Steady performance at Experian with Q1 update

There’s also a trading update in from Experian LON:EXPN this morning covering the first quarter and noting growth consistent with expectations. Revenues are up by 7%, with the full year growth outlook also unchanged, both in terms of organic sales and margin improvements.

Share this article

Invest with these platforms

Hargreaves Lansdown

IG

Interactive Brokers

Interactive Investor

Charles Stanley

IG

Interactive Brokers

Charles Stanley

Looking for great investing ideas? Get our free newsletter.
Join our UK news channel on WhatsApp

This article does not constitute investment advice.  Do your own research or consult a professional advisor.

Learn with our free 'How to' Guides

Our latest in-depth company reports

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

Aquis
CME Group
FP Markets
Pepperstone
Schroders

TMX
WisdomTree
ARK
FxPro
CMC Markets
Back To Top