Added to YB: 2026-08-11
Pitch date: 2026-08-07
LOTB.BR [neutral]
Lotus Bakeries NV
+1.15%
current return
Author Info
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Company Info
Lotus Bakeries NV, together with its subsidiaries, provides various snack products in Belgium and internationally.
Market Cap
EUR 9.8B
Pitch Price
EUR 12.2K
Price Target
N/A
Dividend
0.75%
EV/EBITDA
33.32
P/E
51.37
EV/Sales
6.87
Sector
Food Products
Category
growth
1H 2026 - Lotus Bakeries
LOTB.BR (exited position): Excellent 1H26: adj EBIT +19% (+21% ex-FX), Biscoff sales/volume +20%, Natural Foods double-digit. €500M Biscoff CAPEX FY26-30 (~15% below author est, above consensus). L-f-l ROIIC 22-24%, ~13-14% NOPAT growth. But 43x FY26/37x FY27 NOPAT; exit multiple 22x, ~8.7% CAGR at 27x. Exited toehold after 40% rally; poor risk:reward on 'expectations treadmill.'
Read full article (4 min)