British online supermarket Ocado keeps guidance after return to first-half underlying profit

Ocado, the British online supermarket and technology group, kept its financial guidance for the year as it reported a return to underlying profit in its first half.

The group, whose shares surged last month after a report of possible takeover interest from Amazon, made earnings before interest, tax, depreciation and amortisation (EBITDA) of 16.6 million pounds ($21.7 million) in the six months to May 28, versus a loss of 13.6 million a year earlier.