Lotus Bakeries NV stock (BE0003604155): Natural Foods drive growth after strong FY25 results

Lotus Bakeries NV shares have risen after the company reported double?digit revenue growth in FY25, with its Natural Foods segment emerging as a key growth driver.

Lotus Bakeries NV shares have climbed following the release of its FY25 results, which showed double?digit revenue growth and a strong contribution from the Natural Foods segment. The company reported revenue of about €1.36 billion for FY25, up roughly 10% from €1.23 billion in FY24, according to an overview of the FY25 results published on Ad?hoc?News on May 6, 2026. Ad?hoc?News as of May 6, 2026

Analysts have responded positively, lifting their average price target on the stock to around €10,439 per share, according to Simply Wall St, which tracks analyst forecasts for Lotus Bakeries NV (EBR:LOTB). Simply Wall St as of May 6, 2026 The stock trades on Euronext Brussels under the ticker LOTB, with a market capitalization of about €8.36 billion and trailing?twelve?month revenue of roughly €1.36 billion, according to StockAnalysis. StockAnalysis as of May 9, 2026

As of: 09.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Lotus Bakeries NV
• Sector/industry: Consumer Staples / Food & Beverage
• Headquarters/country: Belgium
• Core markets: Europe, North America, Asia?Pacific
• Key revenue drivers: Biscoff, Natural Foods, Lotus Biscuits
• Home exchange/listing venue: Euronext Brussels (LOTB)
• Trading currency: EUR

Lotus Bakeries NV: core business model

Lotus Bakeries NV generates revenue primarily through the production and sale of premium biscuits and snacks under the Biscoff and Natural Foods brands. The company operates in three main segments: Biscoff, Natural Foods, and Lotus Biscuits. Biscoff products include the iconic Lotus Biscoff spread and biscuits, which are sold in more than 150 countries and form a core pillar of the group’s sales. Ad?hoc?News as of May 6, 2026

The Natural Foods segment focuses on healthier snack options such as protein bars, fruit?based snacks, and other nutrition?oriented products, often marketed under brands like TREK and BEAR. This segment has become a key growth driver, delivering around 17% revenue growth in 2025 to about €300 million, according to a Crispidea report on Lotus Bakeries’ H2FY25 performance. Crispidea as of May 6, 2026 The company also sells traditional biscuits and cakes under the Lotus Biscuits brand, which contribute to its broader portfolio of sweet and savory snacks.

Revenue is derived from both retail and foodservice channels, with an expanding presence in e?commerce and direct?to?consumer sales. The company’s products are distributed through supermarkets, convenience stores, online platforms, and foodservice operators, allowing it to reach a wide consumer base across Europe, North America, and parts of Asia?Pacific. Ad?hoc?News as of May 6, 2026

Main revenue and product drivers for Lotus Bakeries NV

The Biscoff brand remains the largest revenue driver for Lotus Bakeries NV, underpinned by strong brand recognition and a broad international footprint. The Biscoff spread and biscuits are sold in over 150 countries and are often associated with coffee?shop culture and café?style consumption, which supports repeat purchases and relatively stable demand. Ad?hoc?News as of May 6, 2026 The company continues to invest in innovation and packaging formats to maintain consumer interest and expand into new channels.

The Natural Foods segment is emerging as a second major growth engine, with revenue reaching about €300 million in 2025 and growing at a high?teens pace. This growth is supported by product innovation in snacks and protein bars, as well as partnerships that help distribute these products through health?oriented and convenience channels. Crispidea as of May 6, 2026 The segment benefits from rising consumer demand for healthier, on?the?go snack options, particularly in North America and parts of Europe.

The Lotus Biscuits segment contributes additional volume through more traditional biscuit and cake offerings, which are often positioned as everyday treats rather than premium or health?focused products. Together, these three segments allow Lotus Bakeries NV to balance premium, indulgent products with healthier alternatives, giving it exposure to multiple consumer trends within the broader snack and biscuit market. Ad?hoc?News as of May 6, 2026

Why Lotus Bakeries NV matters for US investors

For US investors, Lotus Bakeries NV offers exposure to a European?listed consumer staples name with meaningful sales in North America. The company’s Biscoff products are widely available in US supermarkets and foodservice outlets, and its Natural Foods brands are increasingly present in health?oriented and convenience channels. Ad?hoc?News as of May 6, 2026 This gives US?based investors a way to participate in global snack trends without directly investing in a US?domiciled food company.

The stock trades on Euronext Brussels in euros, which introduces currency risk for US investors but also potential diversification benefits. With a market capitalization of about €8.36 billion and trailing?twelve?month revenue of roughly €1.36 billion, Lotus Bakeries NV sits in the mid? to large?cap range within the European food sector. StockAnalysis as of May 9, 2026 Its relatively high price?to?earnings ratio, around 40 times trailing earnings, reflects investor expectations for continued growth, particularly from the Natural Foods segment.

Conclusion

Lotus Bakeries NV has delivered double?digit revenue growth in FY25, driven by its established Biscoff brand and a rapidly expanding Natural Foods segment. The company’s ability to combine premium, indulgent products with healthier snack options positions it to benefit from multiple consumer trends, including snacking on the go and demand for better?for?you options. Ad?hoc?News as of May 6, 2026

Analysts have reacted by raising their price targets, reflecting optimism about the company’s growth trajectory and profitability. However, the stock trades at a premium valuation, which means investors are paying for future growth that may not fully materialize if macroeconomic conditions or consumer preferences shift. Simply Wall St as of May 6, 2026

For US investors, Lotus Bakeries NV offers a way to gain exposure to a European consumer staples name with international reach, but it also comes with currency risk and the usual volatility associated with equities. As with any stock, investors should consider their own risk tolerance, time horizon, and diversification needs before making any decisions. StockAnalysis as of May 9, 2026

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.