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 (Nasdaq: OTLY) regularly issues news and updates as what it describes as the world’s original and largest oat drink company. Its press releases cover topics such as quarterly and interim financial results, financing transactions, strategic reviews and broader consumer and taste trends in the beverage space. Investors and observers can use this news flow to follow how Oatly’s oat-based product portfolio and geographic segments are performing over time.
Financial news from Oatly often includes announcements of second, third and fourth quarter results, along with details on revenue, gross margin, net loss, Adjusted EBITDA and constant currency revenue by segment. These releases are accompanied by commentary from management and are typically paired with conference calls and webcasts accessible through the company’s investor website. The company also uses news releases to communicate updates to its outlook for constant currency revenue growth, Adjusted EBITDA and capital expenditures, as well as to describe actions aimed at cost efficiencies in its supply chain and overhead structure.
Capital structure and financing developments are another key theme in Oatly’s news. The company has announced the issuance and pricing of SEK-denominated senior secured floating rate bonds referred to as Nordic Bonds, the entry into a SEK 750 million super senior revolving credit facility and plans to use proceeds to prepay a term loan B credit facility and repurchase and cancel portions of its 9.25% Convertible Senior PIK Notes due 2028. These announcements are summarized in press releases and further detailed in accompanying Form 6-K filings.
Beyond financial and financing updates, Oatly also publishes news on consumer insights, such as its "Future of Taste" report, which draws on interviews with baristas and quantitative data to highlight emerging beverage trends. This type of content provides context on how the company views shifts in global flavor preferences, health-related considerations and the role of specialty drinks in coffee and hospitality settings.
For users tracking OTLY, this news page offers a centralized view of Oatly’s official announcements, from earnings and guidance updates to capital markets activities and trend reports. Returning to this page allows readers to monitor how the company communicates its performance, strategy and market observations over time.
Oatly Group AB (OTLY) reported Q2 2024 financial results, showing progress in strengthening its business. Key highlights include:
- Revenue increased 3.2% to $202.2 million (3.9% in constant currency)
- Gross margin improved to 29.2%, up 10 percentage points year-over-year
- Net loss narrowed to $30.4 million, an improvement of $56.3 million
- Adjusted EBITDA loss reduced to $11.0 million, improving by $41.5 million
- North America segment reported its first full quarter of positive adjusted EBITDA
The company raised its full-year 2024 outlook, now expecting:
- Constant currency revenue growth of 6-10% (up from 5-10%)
- Adjusted EBITDA loss of $35-50 million (improved from $35-60 million)
- Capital expenditures below $70 million (down from $75 million)
Oatly, the leading oatmilk company, has announced a multi-year sponsorship deal with EF Pro Cycling, a renowned professional cycling team. Oatly will serve as the “Official Performance Partner” for both the men's and women's teams and will co-title sponsor the women’s team, now named “EF-Oatly-Cannondale.”
This partnership aims to integrate Oatly’s dairy-free products into the diets of professional athletes, showcasing the benefits of plant-based nutrition. The collaboration includes naming rights for training camps, logo placements on team gear, and various fan and event activations. Both organizations will also produce content to highlight the partnership and promote Oatly's products.
The sponsorship kicks off with the EF Pro Cycling men’s team participating in the Tour de France starting June 29, while the women’s team will compete in the Tour de France Femmes beginning August 12.
Oatly Group AB (Nasdaq: OTLY), the leading oat drink company, announced it will release its financial results for the second quarter of 2024 on July 24, 2024, before the U.S. market opens.
The company will also hold a conference call and webcast at 8:30 a.m. ET to discuss the results.
Both the call and webcast will be available on Oatly’s Investors website and the webcast will be archived for 30 days.
Oatly Group AB (Nasdaq: OTLY) announced the results of its 2024 Annual General Meeting (AGM) held on May 15, 2024.
Key resolutions included the adoption of the income statement and balance sheet for 2023, with no dividend distribution and the result being carried forward.
The board and CEO were discharged from liability. The board will have ten members, including one new member, Gregory S. Christenson.
Remuneration for board members and committee chairs was set, with fees ranging from USD 10,000 to USD 60,000.
Ernst & Young was re-elected as auditor.
Amendments to the LTIP 2021-2026 incentive program were approved, including changes to allocation principles and the exchange of “underwater” stock options for new RSUs.
Share awards for board members were increased to 140,000 annually, while the value cap remained at USD 140,000.
Oatly Group AB (Nasdaq: OTLY) reported a solid start to the year with first quarter revenue of $199.2 million, a 1.8% increase compared to the prior year period. Gross margin improved to 27.1% and net loss decreased to $45.8 million. Adjusted EBITDA loss was $13.2 million. The Company reiterated its full year 2024 guidance with revenue growth of 5-10% and adjusted EBITDA loss of $(35)-$(60) million.
FAQ
What is the current stock price of Oatly Group Ab (OTLY)?
What is the market cap of Oatly Group Ab (OTLY)?
