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UK online supermarket Ocado's sales growth dips

Reuters - UK Focus

LONDON, Dec (Shanghai: 600875.SS - news) 8 (Reuters) - British online supermarket Ocado reported a 13.1 percent rise in fourth-quarter sales, representing a slight slowdown from the previous quarter.

The company said on Thursday that gross retail sales were 398.1 million pounds ($504 million) in the 16 weeks to Nov. 27, up from 351.8 million pounds in the same period last year.

Third-quarter growth was 13.6 percen. ($1 = 0.7906 pounds) (Reporting by James Davey; Editing by David Goodman)