In Belgium, La Lorraine Bakery Group is launching a bread range with a carbon reduction of up to 40%, in partnership with Delhaize. The emissions are reduced by shifting to wheat from generative agriculture.
La Lorraine Bakery Group (LLBG) achieved a revenue of EUR 1.17 billion EUR, which is a growth of 32% compared to 2021, including price increase effect. LLBG announced it updated its five-year growth plan, with a projected annual revenue growth of around 10%.
La Lorraine Bakery Group recorded a turnover of EUR 885 million and an EBITDA of EUR 112 million in 2021, with a net profit after tax of EUR 25 million, according to the company’s financial statement.
