Ocado Targets Positive Cash Flow on 59% Earnings Gain, Job Cuts

Earnings Growth: Adjusted EBITDA increased <strong class="body_output text-content_primary font-semibold" node="[object Object]">59% to £178 million for the fiscal year ending November 30, 2025.
Revenue Increase: Group revenue grew <strong class="body_output text-content_primary font-semibold" node="[object Object]">12.1% to reach £1.4 billion , underpinned by its technology solutions arm.
Profitability Strategy: Ocado is implementing <strong class="body_output text-content_primary font-semibold" node="[object Object]">significant job cuts as it projects turning cash flow positive in the upcoming year.

Earnings Climb 59% as Revenue Reaches £1.4 Billion

Ocado Group PLC announced a robust financial performance for the 52 weeks ending November 30, 2025, demonstrating significant operational gains. The company's adjusted earnings before interest, tax, depreciation, and amortisation (EBITDA) climbed 59% to £178 million. This bottom-line improvement was supported by strong top-line growth, with group revenue swelling 12.1% to £1.4 billion, largely driven by the performance of its high-tech solutions division.

Company Targets Positive Cash Flow With Significant Job Cuts

Looking ahead, Ocado's management has set a clear target to become cash flow positive in the next year. This guidance is underpinned by a strategic decision to implement a "significant" number of job cuts. The cost-reduction measures are designed to streamline operations and translate the firm's revenue growth and improved earnings directly into sustainable free cash flow, signaling a pivotal move toward long-term profitability for investors.