Lotus Bakeries invests half a billion in growing Biscoff

Lotus Bakeries continues to grow at a double-digit rate and is launching its largest-ever investment program to expand production capacity for Biscoff: “We must seize this momentum.”

Collaboration with Mondelēz progressing well

Lotus Bakeries reports a 14% increase in revenue to 749.1 million euros in the first half of the year. EBITDA rose by 20.9% to 156 million euros, while net income increased by 23.5% to 98 million euros. The Natural Foods division posted strong results with double-digit growth across all brands; local brands grew by 3%, but it is primarily Biscoff’s performance that is drawing attention.