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Ocado’s investment drive leads to £9m half-year loss

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Ocado’s hefty investment in new warehouses and IT systems after ramping up its expansion has stung the retailer’s half-year report, whereby it reported a £9 million loss. The online grocer retailer’s loss in the six months to June 3 compare with pre-tax profit of £7.7 million a year earlier

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Ocado’s investment drive leads to £9m half-year loss

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