Business · 14 July 2026
Ocado investors want growth plan as boardroom tensions cloud results
Ocado’s shares have fallen by around a quarter over the past year as warehouse closures and weaker consumer demand weighed on the business. The company reports half-year results on Thursday after confirming founder and chief executive Tim Steiner will stay until December 2027 before moving into an advisory founder role. JP Morgan expects revenue to rise 2.4% year on year.
Reported by Evening Standard · How we write briefs