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 revenue growth slows to 11.2% after warehouse fire

Online grocery retailer Ocado Group said a fire at its Andover robotic warehouse in Hampshire last month had slowed revenue growth to 11.2% in its...

Tue, 19/03/2019 - 07:21

Broker Forecast - RBC Capital Markets issues a broker note on Ocado Group Plc

RBC Capital Markets today reaffirms its sector performer investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1000p (from 750p).


Mon, 11/03/2019 - 09:00

Marks and Spencer pays Ocado £750m to form food JV

Marks and Spencer said it had paid online grocery retailer Ocado Group £750m to take a 50% stake in a new retailing joint venture between...

Wed, 27/02/2019 - 07:41

Marks & Spencer, Ocado confirm joint venture talks

Marks & Spencer and online grocer Ocado are in talking about forming a potential UK retail joint venture, the companies said.

The admission followed weeks...

Tue, 26/02/2019 - 13:03

Ocado shares down 8.1% as fire damage worsens at UK hub

Shares in online grocery retailer Ocado remained under pressure after it confirmed a fire at its Andover distribution centre in southern England had worsened overnight...

Wed, 06/02/2019 - 13:23