Oatly Group AB (OTLY) Q2 FY26 earnings call

Oatly delivered strong Q2 FY26 results, driven by volume growth and positive mix, leading to an upgraded revenue guidance. Despite absorbing Middle East conflict-related cost pressures and increased brand investments, the company maintained its adjusted EBITDA outlook, reflecting confidence in its growth playbook and structural profitability improvements. The strategic review of the China business is ongoing.