Ocado Results Presentation Deck
Outlook for FY22
Central P&L costs associated with Group Operations and Technology costs, to grow broadly in line with Group
revenue growth
£30m increase in Technology investments in key areas of OSP platform development including additional
focus areas such as autonomy
£5m increase in Group Operations to around £80m; focused on building capabilities to support increased
complexity and scale
Central P&L costs are allocated across UK Solutions & Logistics (c. ½) and International Solutions (c. %) and
are expected to grow significantly below Group revenue growth after 2022, reflecting inherent
operational leverage when at scale
Capex forecast of around £800m driven by accelerating roll out of OSP worldwide
O
O 30% UK of which 60% dedicated to the continued roll out of CFC and Zoom sites, inclusive of land, build
and MHE cost, given consolidation of the Ocado Retail joint venture
O 50% International, reflecting an additional 8 CFCs to go-live during the year, of a total of 13 CFCs in build
internationally at the end of 2021
20% Technology investment to support key areas of OSP platform development including additional focus
areas such as autonomy
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