Delayed deliveries mar maiden profit for Hatfield’s Ocado

PUBLISHED: 16:43 03 February 2015 | UPDATED: 16:43 03 February 2015

Ocado on the Hatfield Business Park

Ocado on the Hatfield Business Park


Hundreds of customers were forced to wait for online grocery deliveries by a technical glitch at Ocado, one of Hatfield’s biggest employers.

Deliveries to about 1,700 customers on Friday were cancelled or postponed by a “hardware problem” at the company’s warehouse on the Hatfield Business Park.

But the mood at Ocado has lifted dramatically today, as it has reported its first ever annual profit.

Ocado, which was founded in 2000, made a loss of £12.5 million in 2013, but its 2014 accounts show a pre-tax surplus of £7.2 million, boosting its shares by five per cent.

The company makes much of its income delivering online orders for Waitrose, but it started working for Morrisons as well in 2013.

According to Andrew Wade of brokers Nomis Securities, the profit reflects the Morrisions fees, but also retail sales up 15.3 per cent.

If you value what this story gives you, please consider supporting the Welwyn Hatfield Times. Click the link in the yellow box below for details.

Become a supporter

This newspaper has been a central part of community life for many years, through good times and bad, serving as your advocate and trusted source of local information. Our industry is facing testing times, which is why I’m asking for your support. Every single contribution will help us continue to produce award-winning local journalism that makes a measurable difference to our community.

Thank you.

Most Read

Most Read

Latest from the Welwyn Hatfield Times