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Oatly Group AB - OTLY STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oatly Group AB's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Oatly Group AB's position in the market.

Rhea-AI Summary
Oatly Group AB (Nasdaq: OTLY) announced financial results for Q3 and 9 months ended September 30, 2023. Despite a 2.5% revenue increase, the company expects lower 2023 revenue growth and fourth quarter gross margin. The decision to discontinue construction on new production facilities will reduce capital expenditure requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.17%
Tags
earnings
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Rhea-AI Summary
Oatly Group AB announced that Coffee Fellows, one of Germany's largest coffee chains, will make Oatly Barista available in 275 locations across Germany, Austria, Belgium, Luxembourg, and the Netherlands. Coffee Fellows aims to double its sales of oat drink by the end of 2024. Oatly Barista Edition is the most popular plant-based milk alternative in Germany, offering a creamy taste and functionality as traditional dairy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.84%
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none
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Rhea-AI Summary
Oatly Group AB to report Q3 2023 financial results on November 9, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
conferences earnings
News
Rhea-AI Summary
Oatly expands retail distribution with Meijer, making its chilled and shelf-stable oatmilks available at all 265 Meijer locations in the US. Emphasis on increasing distribution across retail and foodservice partners. Oatly products have lower climate impact than cow's milk. Made from 100% gluten-free oats, no dairy, nuts, or GMOs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.67%
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none
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Rhea-AI Summary
Oatly Group AB (OTLY) and Deutsche Bahn (DB) have expanded their partnership to offer Oatly soft serve in all 16 DB lounges across Germany. Oatly's plant-based Vanilla Soft Serve, launched in the U.S. in 2021, is now available in Oatly branded self-service stations for all DB lounge guests. This expansion follows the successful launch of Oatly Barista Edition as the first plant-based milk alternative offering on all Deutsche Bahn ICE and Intercity trains in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.96%
Tags
partnership
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Rhea-AI Summary
Oatly Group AB (Nasdaq: OTLY) announced an expansion of its direct relationship with Amazon, making a range of Oatly’s Oat Drink products available on Amazon across key European markets. Oatly will list several popular Oat Drink lines including Oatly Barista Edition, Oatly Light, Oatly Semi, Oatly Whole, Oatly “No” Sugars, and Mini Barista. Amazon Prime members will have next day and subscribe and save delivery options. Oatly plans to produce a fully enclosed bespoke packaging solution for Amazon customers, reducing the carbon footprint of purchasing via this channel compared to customary packaging. Sales of plant-based milks have increased by 20% across Europe, with plant-based foods amounting to €5.7 billion in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.8%
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none
Rhea-AI Summary
Oatly Group AB (Nasdaq: OTLY) announced financial results for the second quarter and six months ended June 30, 2023. The company reported a 10.1% increase in revenue, reaching $196.0 million, with a gross margin of 19.2%. However, net loss attributable to shareholders of the parent was $86.7 million. Oatly also initiated a comprehensive improvement plan in the Asia segment to adapt to the evolving post-pandemic consumer environment and reduce operating costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.96%
Tags
earnings
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Rhea-AI Summary
Oatly announces the appointment of Marie-Jose David as Chief Financial Officer, effective October 1, 2023. Ms. David brings over two decades of global finance and leadership experience, including with consumer brands such as Mars and Pandora. Oatly believes her expertise will support their expansion into new markets and drive long-term growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
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conferences earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.92%
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Oatly Group AB

Nasdaq:OTLY

OTLY Rankings

OTLY Stock Data

672.42M
233.03M
1.65%
59.38%
2.87%
Dog and Cat Food Manufacturing
Manufacturing
Link
Sweden
Malmö

About OTLY

our sole purpose as a company is to make it easy for people to turn what they eat and drink into personal moments of healthy joy without recklessly taxing the planet’s resources in the process. oatly was founded back in the 1990s and is based on swedish research from lund university. the company’s patented enzyme technology copies nature’s own process and turns fiber rich oats into nutritional liquid food that is perfectly designed for humans. today, the swedish company remains independent and dedicated to upgrading the lives of individuals and the general well being of the planet through a lineup of original oat drinks. the company operates out of the southern region of sweden with headquarters in malmö and our production & development center situated in landskrona. the oatly brand is available in more than 20 countries throughout europe and asia. uk and hong kong are operated through fully owned subsidiaries.