Brief: Oatly Reports Fourth Quarter And Full Year 2022 Financial Results

Oatly AB

15/03/2023 11:33

March 15 (Reuters) - Oatly Group AB  OTLY.O :
    * OATLY REPORTS FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL
RESULTS
    * OATLY GROUP AB - QTRLY REVENUE INCREASED $9.1 MILLION, OR
4.9%
TO $195.1 MILLION
    * OATLY GROUP AB SEES 2023 REVENUE GROWTH OF 23% TO 28% ON A
CONSTANT CURRENCY BASIS
    * OATLY GROUP AB SEES 2023 CAPITAL EXPENDITURES BETWEEN $180
MILLION AND $200 MILLION.
    * OATLY GROUP AB - COMPANY BELIEVES PROGRESS WILL ENABLE
FULL YEAR
FISCAL 2024 TO DELIVER POSITIVE ADJUSTED EBITDA
    * OATLY GROUP AB - IN LONGER TERM, CO EXPECTS TO GENERATE
GROSS
PROFIT MARGIN IN THE RANGE OF 35% TO 40%
    * OATLY GROUP AB - IN LONGER TERM, CO EXPECTS ADJUSTED
EBITDA
MARGIN IN THE MID- TO HIGH-TEENS

Source text for Eikon:  ID:nGNXb0Mzfm 
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