PRIME MINISTER: Well, good morning, everyone, it's great to be here on the South Coast of New South Wales, and great to be here with Andrew Constance, my Liberal candidate here for Gilmore. His record precedes him as an outstanding local member here on the South Coast, a great member of the New South Wales State Government. No-one understands the roads of the South Coast
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ICA has launched a new health strategy
Food retail landscape is changing for good, says Britain s Ocado
British online grocer and technology group Ocado said the landscape for food retailing was changing for good as it reported a 69% jump in annual core earnings that were boosted by the COVID-19 pandemic generating huge demand for home delivery. The increase reflected revenue growth of 35% at Ocado Retail, a joint venture between Ocado and Marks & Spencer, which offset a negative contribution from Ocado’s overseas technology arm due to additional costs associated with faster growth and accounting rules. Ocado’s earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 73.1mln pounds ($101mln) in the year to November 29 2020 from 43.3mln in 2018-19. Group revenue increased 32.7% to 2.33bln pounds, with Ocado Retail contributing 2.19bln pounds.
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