Oatly (OTLY) Misses Q4 EPS by 4c, Sales Beat; Guides FY Revenues Below the Street

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Oatly Reports Fourth Quarter and Full Year 2021 Financial Results

March 9, 2022 7:00 AM EST

Record Quarterly Revenue of $185.9 Million, an Increase of 46.3% Year-Over-Year

Record 2021 Revenue of $643.2 Million, an Increase of 52.6% Year-Over-Year

Provides Fiscal Year 2022 Outlook

MALMÖ, Sweden, March 09, 2022 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY) (Oatly or the Company), the worlds original and largest oat drink company, today announced financial results for the fourth quarter and full year ended December 31, 2021.

Toni Petersson, Oatlys CEO, commented, 2021 was a record year for Oatly, with revenue growth of greater than 50% year-over-year fueled... More