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Ocado reports significant sales growth, up 14% to £2.7bn, driven by more orders and customers.
Ocado, an online grocery retailer, reported a 14% jump in sales to £2.7bn for the year to December 1, marking significant growth.
The company, which partners with Marks & Spencer, saw a 17.5% increase in Q4 revenues to £715.8 million, driven by a 17% rise in order volumes and a 12.1% increase in active customers to 1.1 million.
Despite this growth, Ocado's share prices remain below 2020 levels.
The company attributes its success to improved customer service and a wider product range.
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Ocado reporta un crecimiento significativo en las ventas, un aumento del 14% a 2,7 mil millones de libras, impulsado por más pedidos y clientes.