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Oatly Group AB, originally known as Havre Global AB, is a pioneer in the oatmilk industry based in Malmö, Sweden. Since its inception in 1994, Oatly has been at the forefront of creating plant-based dairy alternatives, offering a wide array of products. Their lineup includes not only oatmilk but also oat-based yogurts, frozen desserts, ice creams, and a variety of cooking products such as creams and custards. Oatly is dedicated to providing delicious, sustainable options for those seeking dairy alternatives.
Oatly crushed Q2 revenue expectations with a 9.9% beat while nearly tripling full-year growth guidance, now calling for 8-10% constant currency expansion versus the prior 3-5% outlook. Europe & International led the charge with 21% revenue growth fueled by surging Barista product demand, even as losses widened to $0.99 per share from an EPS miss on higher energy and logistics costs tied to Middle East disruptions.
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