2024-02-17 08:00:00 ET
Summary
- Oatly had a solid 2023, despite a difficult macro environment, with improved margins and stabilized growth.
- The company is cutting overheads and pursuing asset-light production, leading to reduced losses, particularly in Asia.
- While Oatly is still pursuing profitability, it appears to be increasing growth investments in 2024, pushing back the timeline for breakeven.
Oatly ( OTLY ) had a solid 2023 considering the difficult macro environment, with margins improving significantly and growth stabilizing towards the end of the year. The company has cut overheads and is pursuing asset-light production, which is beginning to pay off. In addition, Oatly has pulled back on investments in Asia, reducing losses substantially....
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Oatly: Improving Fundamentals Still Not Reflected In The Stock Price