Oatly Group AB, the world's largest oat drink company, reported its financial results for the second quarter ending June 30, 2025. The company experienced slower-than-expected top-line progress in its North America segment and faced a soft macro-environment in Greater China. In Greater China, revenue from the foodservice channel decreased to 62% compared to 70% in the same period last year. The sold finished goods volume slightly fell to 23.7 million liters from 24.0 million liters in the prior year period. The Greater China Adjusted EBITDA loss increased by $0.2 million, reaching $0.6 million, primarily due to lower gross profit, though partially offset by reduced selling, general, and administrative expenses. Oatly's corporate expenses decreased by $0.1 million, amounting to $27.4 million. The company's Adjusted EBITDA in the second quarter of 2025 was a loss of $24.8 million, compared to a $24.4 million loss in the same period of the previous year. Despite these challenges, Oatly continued to make progress on its 2025 priorities, focusing on cost efficiencies and growth strategies, particularly seeing success in its Europe & International segment. The company remains committed to its goal of consistently improved profitability amidst ongoing macroeconomic and geopolitical uncertainties.
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