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Oatly shares fall 20% after ‘quality issue’ warning and delivery delays
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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.
Oatly said UK sales were $1m lower than hoped in its third quarter to the end of September because of driver
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