Ocado Group has posted a 13.2% jump in group sales, led by strong gains in its technology solutions arm.

The e-commerce group revealed that for the 26 weeks to 1 June, it hit £674m and a 76.5% increase in adjusted EBITDA to £91.8m.

Ocado Retail, now reported as an associate after being deconsolidated in April, recorded revenue of £1.53bn, up 16.3% year on year, while its adjusted EBITDA rose to £33.3m.

Meanwhile, its technology solutions division sales grew by 14.9% to £277.3m with EBITDA up 109% to £72.8m as more partners adopted Ocado’s fulfilment tech.

Ocado CEO Tim Steiner said the group was on track to become cash flow positive during FY26 as part of a focus on efficiency gains and new international deals.

“Ocado Group has delivered a strong first half and we have reached important milestones both in our UK business, as well as across our international partnerships,” said Steiner

“Our focus remains on turning cash flow positive during FY26, supported by continued growth with our partners and cost discipline across the business. In recent months we have gone live in one of the most highly developed online markets, with Lotte in Korea, as well as a market in an early stage of online development with Panda in KSA.

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“We have also expanded our long-standing partnership with Bon Preu in Catalonia. Meanwhile, Ocado Retail has maintained its position as the fastest-growing grocer in the UK, reflecting strong customer growth and continued market share gains.

Ocado confirmed it is working with partners globally to grow its network of customer fulfilment centres (CFCs), with 8 new sites planned over the next three years, including locations in Warsaw, Charlotte, and Barcelona.

The group is also expanding its Re:Imagined technologies across its CFC network, with 265 robotic arms now installed worldwide.

The chief executive added: “We continue to work hard with our partners to make sure they are all able to take full advantage of Ocado’s technology. Our current exclusivity terms are expected to roll off in multiple markets towards the end of this year, and we will start ramping up commercial conversations across global regions.

“Many of these markets have developed substantially in recent years and the online channel is fully established as the major growth driver in grocery globally. This is an exciting moment to bring the proven, enhanced and even more flexible Ocado offering back to these markets.”

Looking ahead, the group said its core focus is now on cutting costs and capital expenditure, aiming for full-year cash flow positivity by FY27.

The news comes as Ocado revealed yesterday (17 July) its chief commercial officer that Amit Chitnis is to step down from the role after 1.5 years at the company.

It is understood that its current director of commercial development George Dean was named as interim chief commercial officer as the online grocer actively seeks a replacement.