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Oatly Group Ab - OTLY STOCK NEWS

Welcome to our dedicated page for Oatly Group Ab news (Ticker: OTLY), a resource for investors and traders seeking the latest updates and insights on Oatly Group Ab stock.

Oatly Group AB (OTLY) delivers innovative oat-based food and beverages through proprietary enzyme technology developed from Lund University research. This news hub provides investors and industry observers with essential updates about the company's strategic initiatives and market position.

Access official press releases covering financial results, product innovations, sustainability milestones, and partnership announcements. Our curated collection serves as a reliable resource for tracking Oatly's progress in reshaping the plant-based food sector across three continents.

Key updates include quarterly earnings disclosures, manufacturing expansions, new market entries, and environmental impact reports. All content maintains factual accuracy while avoiding speculative analysis to support informed decision-making.

Bookmark this page for streamlined access to Oatly's latest developments in sustainable food technology. Check regularly for updates on operational achievements and industry leadership in the non-dairy sector.

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Oatly Group AB reported record revenue of $185.9 million in Q4 2021, a 46.3% year-over-year increase. For the full year, revenue reached $643.2 million, up 52.6% year-over-year, surpassing expectations. Despite COVID-related challenges, Oatly expanded production capacity and increased supply. However, Q4 gross profit decreased to $29.6 million (15.9% margin) due to inflation and higher operational costs, leading to a net loss of $79.8 million. The 2022 outlook anticipates revenues between $880 million and $920 million, reflecting continued growth.

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Oatly Group AB (Nasdaq: OTLY) will release its financial results for Q4 and the year ending December 31, 2021, on March 9, 2022, before U.S. market opens. A conference call and webcast will follow at 8:30 a.m. ET on the same day to discuss the results. Founded over 25 years ago, Oatly specializes in oat-based products, marketing a variety of dairy alternatives in over 20 countries. The company emphasizes sustainability and health in its offerings, leveraging its expertise in oats to innovate within the dairy alternative sector.

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The Sage Group and Spayne Lindsay have announced a strategic partnership to form an independent global investment banking firm focused on the consumer sector. This alliance combines the expertise of over 50 investment banking professionals, enhancing service offerings for clients. Together, they have successfully completed over 300 transactions valued at tens of billions in the U.S. and Europe. The partnership aims to provide tailored advisory services across all consumer sub-sectors, enhancing capabilities and market reach for both firms.

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Raiven Capital, a global early-stage technology venture fund, recently participated in the LEAP tech conference in Riyadh, Saudi Arabia, judging a $600,000 startup competition. This event attracts over 400 speakers and 1,000 startups as part of Saudi Vision 2030. Raiven aims to nurture entrepreneurial growth in the region. Björn Öste from Oatly highlighted the impressive commitment to tech innovation. Raiven's Mideast tour also includes meetings in Oman and Dubai to finalize plans for their regional hub.

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Monos, a premium travel luggage brand, has successfully closed a $10 million Series A funding round led by venn growth partners and Strand Equity. The funding aims to enhance Monos' offline presence, recruit talent, and bolster product development.

Despite challenges in the travel industry, Monos achieved 400% year-over-year revenue growth in 2020 and continued its upward trajectory in 2021. The brand is recognized for its sustainable practices and high-quality luggage, using only top materials and undergoing rigorous durability testing.

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Oatly Group AB (Nasdaq: OTLY) announced the resignation of board member Björn Öste, effective December 31, 2021, to pursue other interests. Following his departure, the board will consist of 12 directors, with 10 being independent. Eric Melloul, Chairman, expressed gratitude for Öste's contributions to Oatly, emphasizing his role in fostering innovation. Öste reflected on his tenure since the 1990s and noted the company's strong position for future growth under CEO Toni Petersson. Oatly continues to focus on sustainable oat-based products, available in over 20 countries worldwide.

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Oatly Group AB (Nasdaq: OTLY), the leading oat drink company, will participate in a fireside chat at the Citi Global Consumer Conference 2021 on December 8, 2021, at 8:00 a.m. Eastern Time. Interested investors can access the webcast on Oatly's Investors website, where it will be archived for 30 days. Oatly specializes in oat-based products, being committed to sustainability and health for over 25 years, with availability in over 20 countries.

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Björn Öste, co-Founder of Oatly, invests in Raiven Capital, a global early-stage venture fund. Raiven aims to raise $100M USD for investments in AI, IoT, and DLT technologies. Öste's investment validates Raiven's global approach to deal management, highlighting a 66% internal rate of return. The fund has previously invested in six platform companies and plans to continue focusing on innovative sectors such as foodtech. Raiven's commitment to sustainable food innovation aligns with addressing global population challenges.

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Quinyx, a leader in AI-powered workforce management, has secured $50M in funding led by Battery Ventures. The investment aims to bolster Quinyx's growth amidst a labor shortage affecting various industries. The company’s software enhances productivity for notable clients, including Oatly, McDonald’s, and DHL, by streamlining labor processes. CEO Erik Fjellborg emphasizes the importance of this funding for driving innovation and improving the hourly workforce’s experience. The demand for effective labor management tools has surged due to ongoing economic challenges.

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Oatly Group Ab

Nasdaq:OTLY

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257.98M
29.83M
0.32%
61.28%
6.51%
Packaged Foods
Consumer Defensive
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Sweden
Malmö