Technology division remains under scrutiny
While the retail business has delivered consistent progress, attention is likely to centre on Ocado Solutions.
The technology arm designs and operates highly automated fulfilment centres for grocery retailers around the world and remains central to the company’s long-term investment case. However, the pace of signing new international partners has slowed over the past two years as many supermarkets have delayed large capital expenditure projects amid higher interest rates and macroeconomic uncertainty.
Any update regarding discussions with prospective customers, additional customer fulfilment centres (CFCs), or expansion plans with existing partners could have a significant impact on investor sentiment.
Management is also expected to provide an update on the rollout of its latest robotic technologies and artificial intelligence initiatives aimed at improving warehouse productivity and lowering fulfilment costs.
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