The Ocado Group, the British internet and technology supermarket company, is not expected to meet analysts’ forecasts for 2022 profits, due to the larger investments in international technology activities, the chief financial officer stressed.
Following the announcement of the 2021 results for Ocado, CFO Stephen Daintith told reporters that the group plans to invest 30 30m ($ 40.6m) more in the International Solutions unit in 2022 than expected. the market.
“This will mean 30 30m lower EBITDA for this sector in 2022 compared to current estimates and therefore a similarly lower level for the group number,” he said.
Previous estimates put the 2022 EBITDA at 92 92 million. In 2021 it showed 61 million pounds.
Source: Capital
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