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Oatly Shares Fall 20% After ‘Quality Issue’ Warning And Delivery Delays

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.

Read the full article on The Guardian website