Business
Statement regarding Ocado Accounting Seminar
Statement regarding Ocado Accounting Seminar.
About this update from Ocado Group Plc
[{"type":"text","content":"\n \nRNS Number : 5158A Ocado Group PLC 22 January 2020 \n\n \n \n \nOCADO GROUP PLC\n \n22 January 2020\n \nACCOUNTING SEMINAR: IFRS 16 AND OTHER ACCOUNTING TOPICS\n \nAs previously announced, the reporting of Ocado Group's financial disclosures will be impacted by the early adoption of IFRS 16 at the FY2019 results, which will be announced on the 11th of February 2020. \n \nAdditionally, following the closure of the joint venture deal with Marks & Spencer, Ocado Group will be adopting updated segmental reporting at FY2019 results. \n \nIn light of this, the Group will today host a presentation at 2-3.30pm UK time, explaining the nature of the changes and providing historical financials for FY2018, to enable analysts and investors to align their models appropriately.\n \nOcado will not be commenting on current trading, and does not intend to provide any new material information.\n \nThe presentation will be hosted by Duncan Tatton-Brown, CFO, at Goldmans Sachs, 2 Stonecutter street, London EC4A 4AH.\n \nThere will be a live webcast at the following link: https://3xscreen.videosync.fi/20200122-ocado\n \nEND\n \nContacts\nDavid Shriver, Director of Communications, on 01707 228 000\nMartin Robinson at Tulchan Communications on 020 7353 4200\n \nPerson responsible for arranging the release of this announcement:\nNeill Abrams\nCompany Secretary\nOcado Group plc\nBuildings One & Two\nTrident Place\nMosquito Way\nHatfield\nHertfordshire AL10 9UL\nFax: +44 (0)1707 227 997\nemail: [email protected] \nOcado Group plc LEI: 213800LO8F61YB8MBC74\n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END STREAAFFASPEEAA\n ","length":4078,"tagName":"div"}]