Ocado sales surged 16.4% to £189.2m in its third quarter as order numbers increased.
Average orders per week increased 15.3% in the 12 weeks to August 11 as basket size edged up 1% to £113.54.
Ocado chief executive Tim Steiner said:“We are encouraged by the continuing momentum in sales growth, reflecting an increase in both orders and basket size. We remain focused on improving the proposition to customers to make it easier for consumers to shop at Ocado, from an ever wider range, and at competitive prices. This should support further growth as the demand for online grocery shopping continues.”
During the period, Ocado inked its agreement with Morrisons to provide intellectual property for its online grocery launch in January next year which Steiner said firmly endorsed its operating model. It has sold its Dordon fulfilment centre to Morrisons for £138.3m which it will lease back.
The ramp up of Dordon to facilitate Morrisons online grocery launch is “progressing well”.
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