Aug 18 (Reuters) - Coles Group Ltd (COL) :
- OCADO CFC PROJECT UPDATE
- COLES HAS RECEIVED NOTIFICATION FROM OCADO REGARDING DELAYED TIMING FOR HAND OVER OF VICTORIAN CFC
- ADDITIONAL WORKS ARE REQUIRED TO RECTIFY CONSTRUCTION ISSUES WITH GRID IDENTIFIED DURING QUALITY CONTROL PROCESSES FOR VICTORIAN CFC
- COMMISSIONING OF VICTORIAN CFC WILL BE DELAYED WITH INCREMENTAL RAMP UP PERIOD NOW EXPECTED TO COMMENCE IN MID-FY25
- TIMING FOR NSW CFC BEING BUILT BY OCADO IS EXPECTED TO BE COMMISSIONED WITH AN INCREMENTAL RAMP UP PERIOD COMMENCING END 2H FY24
- IMPACTS OF DELAYS ARE LIKELY TO INCREASE PROJECT CAPITAL AND OPERATING EXPENDITURE BY A$70 MILLION AND A$50 MILLION RESPECTIVELY
- CAPITAL EXPENDITURE IS NOW EXPECTED TO BE A$400 MILLION OF WHICH 55% HAS BEEN INCURRED TO END OF FY23
- BALANCE OF TOTAL CAPITAL EXPENDITURE A$400 MILLION EXPECTED TO BE INCURRED IN FY24 AND FY25
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Last
$23.88 |
Change
0.120(0.51%) |
Mkt cap ! $32.03B | |||
| Open | High | Low | Value | Volume |
| $23.94 | $24.00 | $23.82 | $37.33M | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2502 | $23.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.90 | 400 | 1 |
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| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| COL (ASX) Chart |