Ocado Group PLC reported unaudited consolidated earnings results for the fifty two weeks ended November 27, 2016. For the period, the company's revenue was £1,271.0 million against £1,107.6 million a year ago. Operating profit was £21.6 million against £21.4 million a year ago. Profit before tax was £12.1 million against £11.96 million a year ago. Profit for the period was £12.0 million or 1.96 pence per diluted share against £11.8 million or 1.91 pence per diluted share a year ago. EBITDA was £84.3 million against £81.5 million a year ago. Net cash flows from operating activities were £96.9 million against £82.8 million a year ago. Purchase of property, plant and equipment was £85.3 million against £70.7 million a year ago. Purchase of intangible assets was £38.6 million against £28.4 million a year ago. As at November 27, 2016, the company's net debt was £164.9 million against £127.0 million a year ago. Operating cash flow was £96.9 million against £82.8 million a year ago.

The company provided earnings guidance for the full year of 2017. The company reported robust gross sales (Retail) growth of 13.6% for the period and the company anticipated continuing to grow ahead of the online market in the year ahead. The company anticipates that capital expenditure in 2017 will be approximately £175 million, including the development of further capacity in the Andover and Erith CFCs, and further development to infrastructure and technology solutions.