OA

Oatly Group AB

OTLY
NASDAQConsumer Staples
$11.08
USD
-0.94(-7.82%)
At close: Apr 30, 17:24 UTC
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Open

$11.00

Prev. Close

$11.00

High

$11.08

Low

$11.00

Market Snapshot

Market Cap

$375.32M

P/E Ratio

-2.5

EPS

-6.80

Revenue

$823.67M

Why OTLY moved

Oatly Group AB reported its first-quarter financial results, detailing performance metrics and strategic insights during Wednesday's earnings call, highlighting ongoing challenges in the dairy alternative sector.

About

Oatly Group AB is a holding company, which focuses on developing expertise around oats, a global power crop with inherent properties suited for sustainability and human health. The company is headquartered in Malmo, Skane and currently employs 1,388 full-time employees. The company went IPO on 2021-05-20. The firm's scope of activity concentrates on developing the know-how around oats, and what follows - the alternatives to milk, ice cream, yogurt, cooking creams, spreads and on-the-go drinks. Moreover, the Company distributes their oat-based dairy substitute products primarily under its own brand, Oatly. Apart from oatmilk production, Oatly Group AB (publ) also handles the administration of Oatly Group and its financing. The major operations in the Group take place in underlying companies, primarily in Oatly AB. Oatly Group AB (publ) products are available in over 20 countries.

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