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Oatly Group Shows Revenue Growth Amid Losses
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Oatly Group Shows Revenue Growth Amid Losses

Oatly Group (OTLY) has released an update.

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Oatly Group reported a 10.9% increase in third-quarter revenue to $208 million, driven by robust growth across its operating segments. Despite a net loss of $34.6 million, the company saw significant improvement in its adjusted EBITDA, marking a positive shift in financial performance. For the first time since its IPO, all segments reported positive adjusted EBITDA, highlighting Oatly’s progress towards consistent profitable growth.

For further insights into OTLY stock, check out TipRanks’ Stock Analysis page.

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