The devastating fire at Ocado’s robotic warehouse in February has dragged the company to a heavy loss, although its management struck a typically defiant tone yesterday about its prospects
The online grocer, which had to write off the cost of the building and the stock it contained, said that the fire had cost it £110 million. However, it expected to reclaim the full amount from its insurance “over time” and had received £11.8 million in payouts so far.
