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Oatly sees path to profitability after narrowing losses in first quarter

Mixed fortunes for the oatmilk maker, which posted strong retail and foodservice revenues in Europe and North America respectively but saw Greater China region sales fall by nearly a third 

Oatly’s first quarter sales grew 1.8% year-on-year to reach $199.2m | Photo credit: Oatly

Mixed fortunes for the oatmilk maker, which posted strong retail and foodservice revenues in Europe and North America, respectively, but saw Greater China region sales fall by nearly a third 

Oatly has reported an ‘encouraging’ first quarter after actions taken last year to streamline its global production and supply chains contributed to narrower losses.

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