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home / news releases / oatly group ab otly q1 2024 earnings call transcript


OTLY - Oatly Group AB (OTLY) Q1 2024 Earnings Call Transcript

2024-04-30 15:07:09 ET

Oatly Group AB (OTLY)

Q1 2024 Earnings Conference Call

April 30, 2024 08:30 AM ET

Company Participants

Brian Kearney - Vice President of Investor Relations

Jean-Christophe Flatin - Chief Executive Officer

Daniel Ordonez - Chief Operating Officer

Marie-Jose David - Chief Financial Officer

Conference Call Participants

Michael Lavery - Piper Sandler

Ken Goldman - JPMorgan

Max Gumport - BNP Paribas

John Baumgartner - Mizuho Securities

Presentation

Operator

Greetings, and welcome to the Oatly Group First Quarter 2024 Earnings Call. At this time all participants will be in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host Mr. Brian Kearney, Vice President, Investor Relations for Oatly Group. Thank you, sir. You may begin.

Brian Kearney

Good morning, and thanks for joining us today on Oatly's first quarter 2024 earnings conference call. On today's call are our Chief Executive Officer, Jean-Christophe Flatin; our Chief Operating Officer, Daniel Ordonez; and our Chief Financial Officer, Marie-Jose David.

Before we begin, please review the disclaimer on Slide 3. During this call, management may make forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our future results of operations and financial position, industry and business trends, business strategy, market growth, and anticipated cost savings.

These statements are based on management's current expectations and beliefs and involve risks and uncertainties that could differ materially from actual events or those described in these forward-looking statements. Please refer to the documents we have filed with the SEC for a detailed discussion of the risks that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today.

Also, please note on today's call, management will refer to certain non-IFRS financial measures, including EBITDA, adjusted EBITDA, constant currency revenue and free cash flow. While the company believes these non-IFRS financial measures will provide useful information, the presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with IFRS. Please refer to today's release for a reconciliation of non-IFRS financial measures to the most comparable measures prepared in accordance with IFRS. In addition, Oatly has posted a supplemental presentation on its website for reference....

For further details see:

Oatly Group AB (OTLY) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Oatly Group AB
Stock Symbol: OTLY
Market: NASDAQ
Website: oatly.com

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