OTLY - Oatly: Making Improvements
2024-07-17 10:41:53 ET
Summary
- Oatly Group AB aims to disrupt the dairy market with oat-based products.
- The company has grown substantially, but at the same time has been posting substantial operating losses.
- These losses are now rapidly coming down, badly needed amidst dwindling cash balances, with net debt holdings rising rapidly here.
Last summer, I believed that it was sour milk in the case of Oatly Group AB ( OTLY ) . The company did not live up to its promises, focusing too much on growth instead of margins, as losses cast a massive doubt on the future of the business. Even as shares were down significantly already, I failed to see the speculative appeal....
Oatly: Making Improvements