Oatly posted a net loss of $60m in 2020 on sales up 106.5% year to $421.4m, reflecting its continued investment as it ramps up production and aggressively expands into new markets, according to a prospectus published ahead of its initial public offering (IPO), which says it lost $35.6m in 2019, and âmay incur significant losses for the foreseeable future.â
Read more about it via https://www.foodnavigator-usa.com/Article/2021/04/21/Oatly-IPO-prospectus-We-have-torn-down-the-conventional-corporate-approach-to-brand-building?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS
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