Oatly Group AB (OTLY)
|Net Income (ttm)||-60.36M|
(Reuters) -Oprah Winfrey-backed vegan milk maker Oatly is aiming for a valuation of about $10 billion in a U.S. initial public offering, following increasing consumer demand for plant-based dairy.
MALMÖ, Sweden, May 11, 2021 (GLOBE NEWSWIRE) -- Oatly Group AB (“Oatly”) announced today that it has commenced an initial public offering of 84,376,000 American Depositary Shares (“ADSs”), each represen...
Oatly Group AB has filed to go public with an IPO on the NASDAQ.
Sweden's Oatly is tussling with Big Dairy and taking the US, Asia, and Europe by storm.
Oatly Group is the world’s original and largest oatmilk company. For over 25 years, we have exclusively focused on developing expertise around oats: a global power crop with inherent properties suited for sustainability and human health. Our commitment to oats has resulted in core technical advancements that enabled us to unlock the breadth of the dairy portfolio, including milks, ice cream, yogurt, cooking creams, spreads and on-the-go drinks. Sustainability is at the core of our business and actionable in our products: on average, a liter o... [Read more...]
Food & Kindred Products
|IPO Date |
May 20, 2021
|Stock Exchange |
|Ticker Symbol |
In 2020, Oatly Group's revenue was $421.35 million, an increase of 106.50% compared to the previous year's $204.05 million. Losses were -$60.36 million, 69.4% more than in 2019.