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Ocado shares tumble after fire devastates hi-tech warehouse

Shares in online grocer Ocado tumbled after it warned sales growth could be damaged by a devastating fire at one of its key warehouses.

Hundreds of firefighters tackled a blaze that broke out at the site an Andover, Hampshire, in the early hours of Tuesday and took more than 24 hours to control.

Ocado shares fell 8% following the announcement of a potential slowdown until it can shift operations to other locations.

A Hampshire industrial estate and nearby homes were evacuated because of the risk of poisoning or explosion after a major fire at the warehouse.

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