Ocado targets positive cash flow in second half of 2026

The United Kingdom technology and online grocery specialist Ocado Group plc announced on Thursday that it is targeting positive cash flow by the second half of 2026. This projection follows a significant increase in underlying earnings reported for the 2024/25 fiscal year, which saw the group achieve 178 million pounds ($241.3 million) compared to 112 million pounds in the previous year.

The London-listed company attributes this growth to the expanding reach of its automated distribution technology and its robust retail operations. Ocado continues to provide advanced logistics solutions to international partners while maintaining its domestic market presence through a joint venture with Marks and Spencer Group plc, which provides online grocery services to customers across the country.