Lotus Bakeries stock weighs Biscoff growth against 2026 capex

Published on 10/07/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lotus Bakeries stock traded at EUR 12,280 on October 7, 2026, as the company scales Biscoff production. H1 revenue rose 14 percent to EUR 749.093 million.

Bauhaus-Poster mit stilisiertem Keks, Getreideähre und Schriftzug FOOD — Geometrisches Bauhaus-Poster mit Keks- und Getreidemotiven symbolisiert die Branche von Lotus Bakeries NV BE0003604155, Illustration mit AI erstellt.

Lotus Bakeries stock was trading at EUR 12,280 on Euronext Brussels on October 7, 2026, down EUR 20, or 0.16 percent, from the previous close. The company is balancing accelerating Biscoff demand against a major capacity program that will require at least EUR 500 million through 2030.

Half year growth stays strong

Lotus Bakeries published its half year 2026 results on August 7, 2026. According to Simply Wall St, revenue reached EUR 749.1 million in the first half, up 14 percent from EUR 657.3 million in the first half of 2025. Net income rose 24 percent to EUR 98.1 million, while earnings per share increased to EUR 121 from EUR 97.74.

The figures give the investment program a measurable operating base. Biscoff revenue growth exceeded 20 percent in the first half of 2026, and the brand represented 59 percent of group revenue, according to Investing.com.

Capacity brings execution risk

The expansion covers production sites in Belgium, Thailand and the United States. Asia Food Beverages reported that the first Chonburi plant phase was fully operational by the end of the first quarter of 2026, while a second production floor is planned before the end of 2027. The scale supports volume growth, but the spending also raises the importance of plant utilization and cash generation.

Analyst views remain constructive but valuation-sensitive. Jefferies initiated coverage with a Buy rating and a EUR 15,000 price target on September 21, 2026, while forecasting 12 percent annual revenue growth and 16 percent annual EBIT growth, according to Investing.com.

Consensus leaves limited headroom

The broader consensus rating is Buy from 11 analysts, with an average price target of EUR 12,890.27, or 4.80 percent above the current price, according to Stock Analysis. That gap is materially smaller than the 22.1 percent distance to Jefferies' target, leaving execution against the Biscoff expansion central to the valuation debate.

Lotus Bakeries stock remains below yearly high

At EUR 12,280 on October 7, 2026, Lotus Bakeries stock was within its EUR 7,270 to EUR 13,200 52-week range and 6.97 percent below the high. The market capitalization was EUR 10.0 billion, with 54 shares traded at the quoted time.