Swedish oat milk producer blames ‘temporary headwinds’ in production and distribution for increased losses
Milk alternative maker Oatly has warned that production and distribution problems hit sales by $7m over the summer despite a surge in demand for its products.
Shares in the Swedish oat milk producer plunged by nearly 20% on Monday after it said it expected further lost sales in Europe in the months ahead as it was “investigating a quality issue” which might force it to bin some products.
