Q2 2026 Oatly Group AB (publ) Earnings Call Transcript
Key Points
- Oatly Group AB (OTLY) reported a strong revenue growth of 15.2% and 12.7% in constant currency for the second quarter of 2026.
- The company achieved a gross margin of 33.9%, marking an improvement of 140 basis points compared to the previous year.
- Oatly Group AB (OTLY) raised its revenue guidance for 2026, expecting constant currency revenue growth of 8% to 10%, up from the prior outlook of 3% to 5%.
- The company is experiencing strong volume growth and positive mix effects, contributing to its revenue momentum.
- Oatly Group AB (OTLY) is expanding its distribution in both retail and food service outlets, enhancing its market presence.
- The company faced cost pressures due to the conflict in the Middle East, impacting logistics and packaging costs.
- Despite raising revenue guidance, Oatly Group AB (OTLY) maintained its adjusted EBITDA outlook towards the low end of the range of $25 million to $35 million.
- Free cash flow for the quarter was negative $0.6 million, although this was an improvement from the previous year.
- The company continues to navigate uncertainty and volatility created by geopolitical conflicts, which could impact future financial performance.
- Oatly Group AB (OTLY) is still working towards achieving positive free cash flow, with expectations that this milestone will not be reached in 2026.
Please stand by. Your meeting is about to begin. Hello and welcome everyone joining today's Oatly second quarter 2026 earnings conference call. (Operator Instructions)
It is now my pleasure to turn the meeting over to John Baumgartner, Vice President of Investor Relations. Please go ahead.
()- -
Good morning, and thank you for joining us today. On today's call are our Chief Executive Officer, Jean-Christophe Flatin, our Global President and Chief Operating Officer, Daniel Ordonez, and our Chief Financial Officer, Marie-Jose David. Please review the cautionary statement regarding forward-looking statements and other disclaimers on Slide 3, which are integrated into this presentation and includes the Q&A that follows.
Please also refer to the documents we have filed with the SEC for a detailed discussion of the risks that could cause actual results to differ materially from those expressed or implied in any forward-looking
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
