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(AWP Alliance News) - Lotus Bakeries posted first-half revenue of EUR 749.09 million, up 14% year on year, as net result climbed 23.5% to EUR 98.08 million. Operating result (EBIT) rose 23% to EUR 130.18 million, while non-underlying items narrowed to an expense of EUR 855,000. The group launched its largest-ever Biscoff investment program, committing at least EUR 500 million of capex across three continents from 2026 to 2030, with the Thailand (Chonburi) greenfield facility now fully operational.
CEO Jan Boone said the group is investing "at least EUR 500 million" to support its ambition to build Biscoff into the world's third-largest cookie brand. Lotus Bakeries expects foreign-exchange headwinds to be less pronounced in the second half of 2026, while geopolitical uncertainty and climate-related risks continue to create cost pressure that may persist into 2027.
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Disclaimer: This news brief was created using generative artificial intelligence. Lotus Bakeries NV published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.