
Oatly makes a range of products including ice cream
(Picture: Oatly)Choice of the millennial tea and coffee drinker Oatly has stirred up a boost in revenues in the second quarter of the year as consumers seek vegan alternatives to milk and dairy.
However, the group that manufactures a range of products including oat-based ice cream and yoghurts said it would now expect a full-year revenue of $800 million to $830 million, missing the analyst benchmark of $886 million, but had delivered the growth despite several headwinds “including COVID-19 lockdowns in China”.