By Connor Hart
Oatly Group narrowed its loss as it logged higher fourth-quarter revenue, and the company forecast continued revenue growth in the year ahead.
The Swedish oat-milk maker on Wednesday posted a loss of $19.1 million, or 3 cents a share, compared with a loss of $91.2 million, or 15 cents a share, a year earlier.
Revenue climbed 9.1% to $233.8 million, topping the $216.1 million that analysts polled by FactSet expected.
The company said the increase was driven by another quarter of consistent performance in Europe and International, partially offset by decline in North America, which was hurt by a reduction in revenue from a large foodservice customer.
Sold volumes increased 2.9% to 157.6 million liters, and finished-good volumes jumped 11% to 161.5 million liters.
Looking ahead, Oatly guided for adjusted Ebitda--or earnings before interest, taxes, depreciation and amortization--of $25 million to $35 million for the year, compared with analyst views for $26.3 million.
Revenue is expected to increase 3% to 5% on a constant currency basis, and capital expenditures are projected to come in between $20 million and $30 million.
Shares climbed 2.8% to $11.50 in premarket trading.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
February 11, 2026 08:15 ET (13:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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