Ocado Group Forecasts Positive Cash Flow Next Year as EBITDA Surges 59%

Ocado Group PLC has announced it is on track to achieve positive cash flow next year, marking a significant milestone in its financial recovery. The company reported a 59% surge in adjusted EBITDA, reaching £178 million, driven by strong performance in its technology division. Group revenue for the fiscal year ending November 2025 grew by 12.1% to reach £1.4 billion. To further improve efficiency and sustain this momentum, the company plans to implement "significant" job cuts across its operations. These aggressive cost-cutting measures, combined with robust earnings, are central to the group's strategy for long-term profitability. Investors are viewing the transition to positive cash flow as a key indicator of financial health despite the planned workforce reductions.