Oatly Results Presentation Deck
YEAR-OVER-YEAR 20 2022 GROSS MARGIN BRIDGE
NEAR-TERM MARGINS IMPACTED BY INFLATIONARY ENVIRONMENT AND CARRYING FULL FIXED AND VARIABLE COST
STRUCTURE OF THREE NEW FACILITIES DURING PRODUCTION RAMP-UP PHASE
26.4%
20 2021
MANUFACTURING AND SUPPLY CHAIN IMPACTS
(5.9%)
2.8%
(6.7%)
HIGHER SHARE OF (LOCAL) SHORT-TERM UNDER-
SELF-MANUFACTURING UTILIZATION OF FACILITIES
(2.0%)
LOGISTICS NETWORK
EXPANSION
• Production model improvement as we increase in-house
production, reducing co-packers needs
• Short-term under-utilization of new facilities as
production ramps up in Americas and Asia
Cost under-absorption from logistic expansion as
support growth primarily in Americas and Asia
PRICING AND INFLATIONARY IMPACTS
(3.8%)
1.2%
EMEA PRICING
ACTIONS
(5.1%)
INFLATIONARY
PRESSURES
• EMEA price increases introduced in
major markets starting in March
• Americas price increases in effect
beginning August 1, 2022
Ongoing inflationary pressure
across raw materials, packaging and
energy
(0.9%)
OTHER, NET
15.8%
20 2022
Q2'22 EARNINGS PRESENTATION 30View entire presentation