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.
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.
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.
Oatly Group AB will launch its new non-dairy frozen dessert bars in the U.S. starting this December. This innovative product joins a rapidly expanding portfolio, which has made Oatly the leading oat-based ice cream brand in North America. The frozen dessert bar market is valued at $5.4 billion, providing Oatly a significant growth opportunity. The bars come in four flavors and will be available in over 3,000 retail outlets at a suggested price of $5.99 for a three-count pack, reinforcing Oatly's commitment to plant-based alternatives.
Oatly Group AB (OTLY) reported a record quarterly revenue of $171.1 million, marking a 49.2% increase year-over-year. The company aims to exceed $635 million in revenue for fiscal year 2021, reflecting strong consumer demand across regions. However, challenges such as temporary production issues and COVID-19 restrictions affected results. Gross profit was $44.9 million with a margin of 26.2%, down from last year's 31.3%. Oatly continues to scale production amid rising costs, with capital expenditures expected between $280 million and $320 million.
Oatly Group AB (Nasdaq: OTLY) has announced the opening of a new research and innovation center at Lund University, Sweden, aimed at advancing oat research and bolstering its commitment to a sustainable food system. The initiative will add approximately 30 scientists to its team in Lund, with potential expansion to nearly 100 researchers across various global hubs. The center is expected to enhance Oatly's existing oat-based products and inspire new innovations.
Construction of the Science and Innovation Center is currently underway and is anticipated for completion in 2023.
Oatly Group AB (Nasdaq: OTLY) will announce its financial results for Q3 and the first nine months of 2021 on November 15, 2021, prior to U.S. market opening. A conference call and webcast will follow at 8:30 a.m. ET on the same day to discuss the outcomes.
Oatly, a leader in oat drink production, has been committed to oats for over 25 years, developing a wide range of dairy alternatives. Their products are available in over 20 countries, showcasing their global reach and focus on sustainability and health.
TrusTrace, a Stockholm-based software firm specializing in supply chain transparency, has secured a $6 million growth investment led by
iNNBeauty Project, a clean skincare brand, has completed a minority investment led by Strand Equity and Beechwood Capital. The funding aims to support the brand's expansion, including its launch in Sephora stores nationwide. iNNBeauty Project has seen impressive growth, achieving 300% year-over-year, and currently offers products in 490 Sephora locations. Co-founders Alisa Metzger and Jen Shane emphasize product efficacy and sustainability, making skincare accessible for younger consumers.
Cresicor, a startup in trade promotion management (TPM) for the consumer packaged goods (CPG) sector, has secured
Oatly Group AB (Nasdaq: OTLY) has announced its participation in the Cowen Health, Wellness & Beauty Summit on September 14, 2021, at 8:30 a.m. Eastern Time. Investors can access the webcast through Oatly’s Investors website, where it will be archived for 30 days. Oatly is recognized as the world’s original and largest oat drink company, focusing on sustainable products derived from oats for over 25 years.
Its innovative dairy alternatives include milks, ice cream, yogurt, cooking creams, and spreads, available in over 20 countries.
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