00:00Hello, my name's Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post. Here
00:05are your headlines for this morning.
00:07The online gross at Ocado has revealed interim losses nearly halved. It also said that annual
00:15earnings for its robotic warehouse arm will be better than expected. The group reported
00:21a £154 million pre-tax loss for the six months to June 2nd against losses of £290 million
00:30a year ago. It notched up revenues of £1.54 billion for the first half, boosted by a 21.8%
00:38surge in its technology solutions business, which powers online grocery businesses and
00:44automated warehouses for other retailers.
00:48So update this morning for Ocado, which has revealed its interim losses nearly halved.
00:53My name's Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.
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