Oatly Group AB delivered progress on 2025 priorities in the first quarter, with cost efficiency benefits and early positive signs in European businesses. Despite a dynamic environment, especially in North America, the company remains on track to deliver its first full year of profitable growth as a public company, maintaining its 2025 outlook.
First quarter revenue decreased 0.8% to $197.5 million, but increased 0.7% in constant currency.
Gross margin improved by 4.5 percentage points to 31.6% due to supply chain efficiencies.
Net loss attributable to shareholders improved significantly to $12.4 million from $45.8 million in the prior year period.
Adjusted EBITDA loss improved to $3.7 million from $13.2 million in the prior year period.
Oatly continues to expect to achieve its first full year of profitable growth in 2025 and maintains its previously stated outlook.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance