Ocado suspends operations at UK facility due to fire

Writer, Stock Market Wire
Tuesday, February 5, 2019 - 13:14

Online grocery retailer Ocado said it had suspended operations at its high-tech Andover distribution centre in southern England due to a fire.

The fire had started on Tuesday in a section of the facility's ambient grid, the company said.

The fire brigade was on site and nobody was hurt.

'The incident and the measures being taken to contain it appears to have affected a proportion of the mechanical handling equipment and some of the grid,' Ocado said.

'Although some orders had already left the warehouse before the incident and will be delivered as normal, Andover suspended operation this morning preventing further fulfilment of orders.'

'We will assess the damage this incident has caused to the Andover customer fulfilment centre and will update further as appropriate.'

At 1:14pm: (LON:OCDO) Ocado Group Plc share price was +24.4p at 1017p

Related content

Ocado back in investors' good books and Bovis Homes is very upbeat

“The FTSE 100 is refusing to budge again as investors sit patiently and wait for a speech from US Federal Reserve chairman Jay Powell today...

Tue, 09/07/2019 - 09:47

Ocado losses deepen after UK distribution hub damaged by fire

Online grocery retailer Ocado booked a deeper first-half loss, partly owing to costs associated with a fire at its Andover distribution centre.

Pre-tax losses for...

Tue, 09/07/2019 - 07:12

Broker Forecast - Citigroup issues a broker note on Ocado Group Plc

Citigroup today reaffirms its buy investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1450p (from 1300p).

Broker Forecasts data provided...

Mon, 24/06/2019 - 08:40

Can robots rescue retail?


The retail sector is at a crossroads. Hit by structural changes as spending shifts online and an uncertain economic environment as well as fast shifting...

Thu, 06/06/2019 - 00:00