Ocado Credit EDDIE

Ocado has seen sales grow in Q4 Credit Flickr/Eddie

Online retailer Ocado has recorded a gross sales rise of 13.1 per cent in the last quarter with average orders per week rising by 17.6 per cent.

The figures, for the 16 weeks to 27 November 2016, reflect the “attractiveness of the customer proposition”, Ocado said.

Average order size slipped by 2.9 per cent due to continued industry-wide price deflation and further take up of the Ocado ‘Smart Pass’ leading customers to shop more frequently.

Ocado CEO Tim Steiner said: 'We are very pleased with the financial performance achieved this year. The strong growth in sales and order volumes reflects the attractiveness of our retail offer to customers.

'During the period, we were also pleased to announce that we have commenced operations at our Andover CFC. This is the first of our CFCs to use our new proprietary infrastructure equipment solution and software, which will support the ongoing growth of our business.'