OCADO will update investors on its fourth quarter trading on Tuesday, to see if a barrage of price cuts has managed to win over more customers amid the cost of living crisis.
Ocado, which owns an online grocery venture with
As a result, most of its gains are likely to come from its robotics arm which reported a 35 per cent surge in growth during the half year.
Its retail division has managed to drag some customers back in recent months, reporting a 7.2 per cent leap in revenues back in September.
Ocado began slashing prices on its groceries to compete with rivals and appeal to cash-strapped Brits.
In January, it announced it would add more than 1,700 products to its 'Big Price Drop' campaign.
While this campaign has managed to claw back customers,
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