Ocado Group
London-listed developer of robotic grocery fulfilment centres licensed to retailers worldwide
- Ocado pockets £261 million from Kroger site closures and cuts £150 million of costs to turn cash positive
Ocado Group's technology unit lifted revenue 13% to £561.2 million and its EBITDA margin to 25% in the year to November 2025, but Kroger closed three US fulfilment centres in January and paid £261 million in closure fees. The British automation group guided technology revenue down to about £500 million for FY26, plans to cut about £150 million of costs with significant job losses, and expects to turn cash flow positive in the second half.
Subject - AutoStore ends 2025 with record quarterly orders and revenue, but full-year sales fall 10% and profit drops 40%
AutoStore said fourth-quarter 2025 revenue rose 9.0% to $179.7 million and order intake jumped 35.1% to $194.2 million, both company records. Full-year revenue still fell 10.4% to $538.6 million and net income dropped 40.1%, as the Norwegian cube storage maker absorbed longer customer decision cycles, restructuring and a robot write-down.
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