Revenue rises as Ocado hits the right blend of automation and human skills

UK-based online retail giant Ocado has reported a year-on-year quarterly revenue increase of 11.5%, following the opening of a state-of-the-art automated warehouse.

In the quarter to the beginning of September, the group posted total revenue of £348.6m, compared with £312.7m in the same period in 2017.

The number of orders processed also surged, by 11.4%, from 254,000 last year to 283,000.

The growth was attributed to the summer opening of its latest customer fulfilment centre (CFC) in Erith, south of London, which it claims will be largest ...