Mondelēz International and Lotus Bakeries joined forces to expand the Lotus Biscoff® cookie brand in India, and to develop new chocolate products combining Biscoff® with Mondelēz’s Cadbury, Milka and other types of chocolate.
Lotus Bakeries’ revenue grew by 17% in 2022, a record growth of EUR 127.2 million to a total of EUR 877.5 million in revenues. In the first half of the year, the group recorded a 14.1% revenue growth and almost 20% in the second half.
Lotus Bakeries and Patisserie Valerie (UK) are collaborating on a new product that will be available in all their stores: the ultimate Lotus Biscoff Slice.
Lotus Biscoff and Cinnabon joined forces to create three new products, available at 28 Cinnabon counters across the UK.
The new Lotus Biscoff Ice Cream Cones are now available in Iceland stores across the UK. The cones (4x115ml) combine dairy ice cream with Lotus Biscoff spread and a topping of crushed Lotus Biscoff biscuits.
The Lotus Bakeries Group’s turnover increased by 13.1% to EUR 750.3m in 2021, the company’s annual results show. All three ranges contributed to the EUR 87m increase: Lotus Biscoff®, Lotus Natural Foods™ and Lotus Local Heroes.
