Oatly(US:OTLY)2025-02-12 17:16Financial Performance & Outlook - Oatly expects to drive its first full year of profitable growth in 2025[15] - The company anticipates constant currency revenue growth of 2% to 4% in 2025[16] - Adjusted EBITDA is projected to be between $5 million and $15 million in 2025[16] - Capital expenditures (CAPEX) are expected to be $30 million to $35 million in 2025[16] - In Q4 2024, Oatly achieved year-over-year revenue growth of 50% (or 4.7% in constant currency) and a gross margin of 28.8%[60] - Adjusted EBITDA for Q4 2024 was -$6.1 million, an improvement of $13.1 million compared to the previous year[60] - For the full year 2024, revenue grew by 5.1% (or 4.8% in constant currency) and the gross margin was 28.7%[60] - Adjusted EBITDA for the full year 2024 was -$35.3 million, an improvement of $122.2 million compared to the previous year[60] Strategic Initiatives & Efficiencies - Oatly has executed a significant transformation, rightsizing its supply chain capacity to approximately 900 million liters and expecting $30-35 million in CAPEX in 2025[17] - The company has reduced total Oatly COGS (Cost of Goods Sold) per liter by 19% from 2022 to 2024[52] - Oatly has reduced SG&A (Selling, General & Administrative) + R&D (Research & Development) expenses by $80 million while increasing branding & advertising by approximately $8 million and growing revenue by over $100 million over the past two years[58] Segment Performance - Each segment (Europe & International, North America, and Greater China) has improved Adjusted EBITDA by over $70 million in two years[21]