Earnings ·
Oatly cuts full-year Adjusted EBITDA outlook to $16M-$20M on freight inflation
OTLYOatly Group AB
Oatly Group AB reported third-quarter revenue of $243.1 million, a 9.1% increase from the prior year period, driven by strong growth in Europe & International and North America. Adjusted EBITDA improved to $9.4 million compared to $3.1 million in the same period last year. However, the company lowered its full-year 2026 Adjusted EBITDA outlook to a range of $16 million to $20 million from the previous guidance of $25 million to $35 million due to unexpected fuel and freight inflation impacts in North America. The firm maintained its constant currency revenue growth expectation of 8% to 10%. Oatly Group AB is the world’s original and largest oat drink company.