Ocado
retail margin potential underpinned by operating leverage and technology high mid single digit margin business in mid term | Ocado
Company
Deck Type
Sector
Industry
Deck date
May 2022
Slide
14 of 30
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financial update private confidential a number of financial factors leading to our move to focus on us products we cannot make margin on the current van product given the high cost of soft tooled parts in order to hard tool the van we need approximately million which we assumed would be available to us under the program the us van has a higher asp and margin than the van and is supported by new incentives of up to per vehicle we also see high demand and limited supply in the us market for electric last mile delivery vans limited resources and the attractive opportunities of the us market makes developing us products the best use of capital this means revenues and margins will come later not in | Arrival
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