NewsSwedenOatly

Oatly optimistic it can earn first annual profit in 2025

Photo credit: Oatly

The Swedish oat drink maker posted positive adjusted EBITDA across all geographies in the first quarter, but saw revenues marginally fall year-on-year amid a decline in Starbucks orders in North America 

Oatly is confident it will achieve its first annual profit in 2025 after posting positive adjusted EBITDA across its three geographic reporting segments in the first quarter. 

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