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Oatly seeks profitability in 2024 following supply chain restructure

The Swedish oatmilk manufacturer says its transition to an asset-light supply chain model and simplified cost structure will enable it to ‘start playing offense’ in 2023 ahead of forecasted profitability next year

​Oatly expects to deliver positive adjusted EBITDA in 2024 | Photo credit: Oatly

The Swedish oatmilk manufacturer says its transition to an asset-light supply chain model and simplified cost structure will enable it to ‘start playing offence’ in 2023, ahead of forecasted profitability next year

Oatly has said it has a ‘clear line of sight to reaching profitability’ following steady 2022 sales and a transition to a more ‘asset-light’ supply chain.

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