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0 0 0 0 -1.86788311188249E-16 0.0304942166140903 -0.00105152471083087 0.0294426919032597
Stock impact report

Oatly was a pioneer in the world of oat-based dairy challengers. As milk makes a comeback, it has to prove its drinks are more than a fad [Fortune]

Oatly Group AB - American Depositary Shares (OTLY) 
Company Research Source: Fortune
The Swedish-bred company's shares rose 20% on debut—it felt there was no stopping it from conquering the plant-based drink revolution. That moment was long in the making: Oatly was born in 1994 in traditionally dairy-loving Sweden when food chemistry professor Rickard Öste and his brother Björn Öste joined forces to bring an oat-based milk alternative to life. The first products hit stores six years later. Rickard had been studying lactose intolerance during his academic career at Lund University for years. While awareness of the subject was limited at the time, an estimated 68% of the world's population faces it in varying degrees —and one that partly fueled much of Oatly's endeavors. Still, milk (or some version of it) made from oats was unheard of in the 1990s and, arguably, even into the 2000s. Slowly but surely, as more people began thinking about sustainability and dairy alternatives like almond, soy, and coconut milk became mainstream, Oatly grew from a small Malmö-base Show less Read more
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