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Oatly drops production facility expansion plans as international sales fall

CEO Jean-Christophe Flatin said the oatmilk manufacturer will gradually expand capacity at its existing facilities as it continues to enforce a simplified cost structure across its supply chain

Oatly is seeking to reduce capital expenditure requirements from its supply chain | Photo credit: Oatly

CEO Jean-Christophe Flatin said the oatmilk manufacturer will gradually expand capacity at its existing facilities as it continues to enforce a simplified cost structure across its supply chain

Oatly has ended plans to open new production facilities in Europe and North America amid falling sales and ongoing losses in Asia and the Americas.

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