Lotus Bakeries
Lotus Bakeries NV
Overview
Lotus Bakeries NV is a renowned global player in the indulgent and natural snacking segment. The company has a rich history and a dynamic portfolio of brands that cater to a variety of tastes and preferences.
Brands and Products
Lotus Bakeries boasts a diverse range of brands, including the iconic Lotus Biscoff, known for its unique caramelized flavor, as well as other popular names such as Peijnenburg, Annas, Nakd, TREK, BEAR, and Kiddylicious.
Innovations
Innovation is at the heart of Lotus Bakeries' success. The company recently introduced Lotus® Cake Donuts, revitalizing the traditional pastries category with three new flavors. Additionally, the BEAR® Fruit Splits represent a novel approach to fruit snacks, offering dual-flavored options.
Global Presence
With a business presence across the US, Canada, Europe, and Asia, Lotus Bakeries has established itself as a key player in the snack food industry. The company's products are available through e-commerce platforms and stores worldwide.
Financial Highlights
- Revenue (2022): $1.1B, a 21.1% increase from 2021
- Net Income (2022): Information not publicly disclosed
- Market Cap: $7.8B as of the last available data
- Employee Count: 2,698 dedicated professionals².
Sustainability and Corporate Responsibility
Lotus Bakeries is committed to sustainability and has an extensive program in place, as detailed in their ESG Compilation. The company's inclusion in the Euronext BEL20 Index is a testament to its financial stability and corporate responsibility.
Design and Branding
The company recently unveiled a new contemporary and powerful look for Biscoff®, reflecting optimism, self-confidence, and accessibility. This rebranding effort aligns with the company's vision to become the third-largest cookie brand globally