Brief: Oatly Reports Second Quarter 2022 Financial Results

Oatly AB

02/08/2022 12:34

Aug 2 (Reuters) - Oatly Group AB  OTLY.O :
    * OATLY REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS
    * Q2 REVENUE INCREASED 21.8% TO $178.0 MILLION COMPARED TO
PRIOR
YEAR PERIOD
    * UPDATES FISCAL YEAR 2022 OUTLOOK
    * QTRLY LOSS PER SHARE BASIC AND DILUTED $0.12
    * UPDATING OUTLOOK FOR YEAR ON CHALLENGING OPERATING
ENVIRONMENT
WITH UKRAINE, COVID-19, AND INFLATIONARY AND SUPPLY CHAIN
PRESSURES
    * SAYS COMPANY NOW EXPECTS REVENUE  FOR FULL YEAR ENDING
DECEMBER
31, 2022 OF $800 MILLION TO $830 MILLION
    * SEES FY 2022 CAPITAL EXPENDITURES BETWEEN $220 MILLION AND
$240
MILLION
    * Q2 EARNINGS PER SHARE VIEW $-0.14, REVENUE VIEW $183.6
MILLION
-- REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $-0.49, REVENUE VIEW $879.1
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX8PXHXp 
Further company coverage:  OTLY.O 

 ((Reuters.Briefs@thomsonreuters.com;))