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Online food retailer Ocado Group says in a first-quarter trading statement that retail revenues advanced by 11.2% to £404m in the 13 weeks to March 3. Chief executive Tim Steiner says the recent fire at its Andover distribution centre has caused a setback but it will be “only a temporary one”. He says an analysis of the options for rebuilding has begun. The group will inform the market in due course of its plans to replace the capacity over the short and medium term and the impact this will have on its target of 10-15% retail revenue growth in 2019
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