Oatly Group AB (NASDAQ:OTLY) Q3 2022 Earnings Call Transcript

Daniel Ordonez: Thanks for the question. It’s Daniel taking it here. And I think you’re referring very well to what Toni was mentioning in the previous earnings call. And that means is with the following. We have seen with improved execution better synchronization and resource allocation on our innovation and distribution points, we see the early signs of restoration of growth. It’s early days, but we have seen two, three months of stable volume growth across the markets in Europe. And we have seen now reflected — that reflected in market share gains. As I said to one of your colleagues before, we’re even growing ahead of private labels in Germany. So we are starting to connect the dots. Thank you.

Operator: Thank you. Ladies and gentlemen, we have reached the end of the question-and-answer session. And now I would like to turn the conference to Toni Petersen, CEO, for closing comments.

Toni Petersson : So thanks, everybody, for joining us today. We look forward to speaking with many of you over the coming weeks and on our next earnings call in March. Have a safe and happy holiday season. Thank you, everybody.

Operator: Thank you. The conference has now concluded. Thank you for your participation. You may now disconnect your lines.