Oatly Group AB - ADR

-0.05 (-0.31%)
Other Pre-Announcement

Oatly Reports Q2 Revenue $146.2 mln

Published: 08/16/2021 11:34 GMT
Oatly Group AB - ADR (OTLY) - Oatly Reports Second Quarter 2021 Financial Results.
Sees FY Revenue More Than $690 Million.
Q2 Revenue $146.2 Million.
Oatly - Increase in Oat Base Capacity at Ogden, Utah Facility in Americas Region to Support Acceleration in Consumer Demand.
Oatly - in H2 2021 Company Will Start Construction to Add 75 Million Liters of Finished Goods Equivalent Oat Base Capacity.
Oatly - Expects Emea Manufacturing, With 2 Facilities Each in Americas, Asia to Create Over 200% Rise in Production Output by 2022 End From 2020 End.
Oatly - Sees FY Capex at Low End of Between $350 Million and $400 Million.
Oatly - Sees Production Capacity to Be About 600 Million Liters of Finished Goods at End of Year.