Ocado Group PLC Statement regarding Ocado Accounting Seminar

Fecha : 22/01/2020 @ 01:00
Fuente : UK Regulatory (RNS & others)
Emisora : Ocado Group Plc (OCDO)
Cotización : 2062.0  -45.0 (-2.14%) @ 03:14
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Ocado Group PLC Statement regarding Ocado Accounting Seminar

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RNS Number : 5158A

Ocado Group PLC

22 January 2020

OCADO GROUP PLC

22 January 2020

ACCOUNTING SEMINAR: IFRS 16 AND OTHER ACCOUNTING TOPICS

As previously announced, the reporting of Ocado Group's financial disclosures will be impacted by the early adoption of IFRS 16 at the FY2019 results, which will be announced on the 11th of February 2020.

Additionally, following the closure of the joint venture deal with Marks & Spencer, Ocado Group will be adopting updated segmental reporting at FY2019 results.

In light of this, the Group will today host a presentation at 2-3.30pm UK time, explaining the nature of the changes and providing historical financials for FY2018, to enable analysts and investors to align their models appropriately.

Ocado will not be commenting on current trading, and does not intend to provide any new material information.

The presentation will be hosted by Duncan Tatton-Brown, CFO, at Goldmans Sachs, 2 Stonecutter street, London EC4A 4AH.

There will be a live webcast at the following link: https://3xscreen.videosync.fi/20200122-ocado

END

Contacts

David Shriver, Director of Communications, on 01707 228 000

Martin Robinson at Tulchan Communications on 020 7353 4200

Person responsible for arranging the release of this announcement:

Neill Abrams

Company Secretary

Ocado Group plc

Buildings One & Two

Trident Place

Mosquito Way

Hatfield

Hertfordshire AL10 9UL

Fax: +44 (0)1707 227 997

email: company.secretary@ocado.com

Ocado Group plc LEI: 213800LO8F61YB8MBC74

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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