Oatly Group sees FY25 constant currency revenue growth flat to 1%

The Company’s outlook continues to include the expected results of the Greater China segment. Based on the Company’s assessment of the current operating environment and the actions it is taking, the Company is refining its 2025 outlook as follows. Constant currency revenue growth is now expected to be in the range of approximately flat to +1%, compared to the prior expectation of +2% to +4%, reflecting reduced expectations in the North America segment as well as a softer-than-expected macro-environment in the Greater China segment; Adjusted EBITDA continues to be expected to be in the range of positive $5 million to $15 million; Capital expenditures are now expected to be approximately $20 million, compared to the prior expectation of $30 to $35 million; and Based on recent foreign exchange rates, the full-year impact of foreign exchange is now expected to be a tailwind to revenue growth by approximately 150 basis, compared to the prior expectation of an approximately 100 basis point headwind.