date:Nov 16, 2022
network expansion, as the company employs a more asset-light strategy into the future.
Oatlys Q3 highlights
In the three months to September 30, Oatly recorded revenue of US$183 million, 7% higher than the same period last year. The company has adjusted EBITDA losses widened from US$27 million a year ago to US$82.7 million.
Oatly estimates its 2022 revenues will be between US$700 million and US$720 million, an increase of 9% to 12% compared to 2021 but well below the guidance put forward in e