Oatly Group fell nearly 20% in morning trading as itincurred an operating loss of $44.5 million.
The company reported third-quarter FY21 sales growth of 49.2% year-on-year, to $171.06 million, missing the analyst consensus of $185.95 million.It attributed the revenue increase to additional supply from its new production capacity in Vlissingen, Netherlands, to meet the growing global demand for its products.
Its revenues in the Americas grew 87.3% Y/Y, EMEA rose 23.1%, and Asia jumped 98.2%.The gross profit rose 24.7% Y/Y to $44.9 million with a profit margin of 26.2%, a 510 basis points decrease.
The company incurred an operating loss of $44.5 million versus $7.88 million last year.免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。
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