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Ocado – fire incident “now under control”, but having expanded last night

By Steve Moore | Wednesday 6 February 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Having announced yesterday lunchtime that “a fire started in a section of the ambient grid of our Andover CFC… The incident and the measures being taken to contain it appears to have affected a proportion of the mechanical handling equipment and some of the grid… Andover suspended operation this morning preventing further fulfilment of orders”, a further update today from Ocado (OCDO) commences; “Unfortunately the fire which started yesterday morning in a corner of the ambient grid was not contained as we believed, and last night expanded”...

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