Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  WM Morrison Supermarkets PLC    MRW   GB0006043169

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Wm. Morrison Supermarkets plc : Ocado Group PLC - Ocado confirms talks re technology agreement

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/16/2013 | 07:32am CEST

?

Ocado Group PLC confirmation of talks  

14th March 2013

OcadoGroup PLC ("Ocado") confirms that it is in discussions with Wm. Morrison Supermarkets Plc ("Morrison") which may lead to an agreement to license certain of  Ocado's existing and future intellectual property ("IP") and operating knowledge for the purposes of Morrison commencing an online grocery business in the UK.

These negotiations do not involve any discussion of Morrison acquiring either the whole of, or an equity stake in,  Ocado

Any such agreement would be complementary to Ocado's existing partnership with Waitrose, which would be unaffected by any potential agreement with  Morrison.

Both parties are working towards an agreement and a further announcement will be made in due course. However, discussions are ongoing and there can be no certainty that an agreement will be reached.


This information is provided by RNS
The company news service from the London Stock Exchange

RNS news service provided by Hemscott Group Limited.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WM MORRISON SUPERMARKETS P
03/24 WM MORRISON SUPERMARKETS : *bernstein raises morrison supermarkets target to 235..
03/23 WM MORRISON SUPERMARKETS : *deutsche bank raises morrison supermarkets pt to 225..
03/22 WM MORRISON SUPERMARKETS : Moody's Moves To Positive Outlook On Morrisons While ..
03/20 WM MORRISON SUPERMARKETS : *goldman raises morrison supermarkets price target to..
03/17 WM MORRISON SUPERMARKETS : Morrisons Teams Up With Just Eat For In-Store Indian ..
03/16 Sainsbury's warns higher cost prices making life harder
03/14 DIRECTOR DEALINGS : Wm Morrison Non-Executive Buys 12,800 Shares
03/14 Ocado maintains double-digit sales growth as prices start to rise
03/14 British shares edge down Thursday
03/14 WM MORRISON SUPERMARKETS : Tesco, Morrisons And Asda Cut UK Petrol Prices As Oil..
More news
Sector news : Food Retail & Distribution - NEC
01:47pDJJUPITER ASSET MANAGEMENT LTD. JUPITE : Form 8.3 - Tesco Plc
12:26pDJToday's Top Supply Chain and Logistics News From WSJ
12:01pDJDIMENSIONAL FUND ADVISORS LTD. DIMEN : Form 8.3 - Tesco Plc - Ordinary Shares
10:11aDJTESCO : Investec Bank plc Form 8.5 (EPT/RI) - Tesco Plc
03/26 TESCO : nearing deal with Serious Fraud Office over accounting scandal - Sky
More sector news : Food Retail & Distribution - NEC
News from SeekingAlpha
03/09 WM Morrison Supermarkets' (MRWSF) CEO David Potts on Q2 2017 Results - Earnin..
03/09 WM Morrison Supermarkets Plc. 2016 Q2 - Results - Earnings Call Slides
03/09 WM Morrison Supermarkets reports FY results
01/10 Morrison Supermarkets PLC's (MRWSF) CEO David Potts on 2016 Christmas Trading..
2016 Valuation Analysis Of Marks & Spencer And Wal-Mart To Determine Upside Potent..
Advertisement
Financials ( GBP)
Sales 2018 16 675 M
EBIT 2018 454 M
Net income 2018 285 M
Debt 2018 648 M
Yield 2018 2,53%
P/E ratio 2018 19,30
P/E ratio 2019 17,43
EV / Sales 2018 0,37x
EV / Sales 2019 0,36x
Capitalization 5 507 M
More Financials
Chart WM MORRISON SUPERMARKETS P
Duration : Period :
WM Morrison Supermarkets P Technical Analysis Chart | MRW | GB0006043169 | 4-Traders
Full-screen chart
Technical analysis trends WM MORRISON SUPER...
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 16
Average target price 2,15  GBP
Spread / Average Target -9,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
David T. Potts Chief Executive Officer & Executive Director
Andrew Thomas Higginson Non-Executive Chairman
Trevor Strain Chief Financial Officer & Executive Director
Belinda J. Richards Independent Non-Executive Director
R. C. Neil Davidson Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
WM MORRISON SUPERMARKE..2.21%6 866
SEVEN & I HOLDINGS CO...-0.29%35 332
SYSCO CORPORATION-4.62%28 529
AHOLD DELHAIZE-1.15%27 386
KROGER CO-15.68%27 299
WOOLWORTHS LIMITED7.63%25 469
More Results