Oatly Group reports Q1 EPS (51c), consensus (81c)

Reports Q1 revenue $197.5M, consensus $202.45M. CEO Jean-Christophe Flatin commented, “In Q1, we made progress on our 2025 priorities. We delivered the expected benefits of our cost efficiency programs, as we drove efficiencies in both the supply chain and our overhead structure. As planned, we redeployed a portion of those efficiencies into brand-building investments. We also began to see early positive signs that our work to ignite positive momentum in our business is working, most notably in our European businesses where we have been most active on executing our playbook. While there is plenty of work still to do, and we will need to navigate a dynamic environment, especially in North America, we remain on track to deliver our first full year of profitable growth as a public company. As such, our 2025 outlook remains unchanged.”