La Lorraine Bakery Group (LLBG) realized a revenue of 1.57 billion EUR in 2025. This revenue growth of 7.5% is driven mainly by the Bakery division, reflecting both organic growth - enabled by recent capacity investments in Belgium, Czech Republic and Romania - and the further integration of joint ventures, notably Bakery de France in the US and increased stakes in La Boite à Pain (UK) and SPA Bakery (Italy).

The REBITDA margin (as a percentage of sales) in 2025 amounted to 14.4%, which is 0.2 percentage points above last year’s REBITDA margin. The REBITDA growth is driven by the Group’s product leadership strategy focusing on innovations and more valorized product categories. The like-for-like REBITDA growth (without the joint-ventures integration) was tempered by lower than expected volume growth and stronger price competition in the market In 2025, LLBG continued its ambitious CAPEX program, investing 218 M EUR in new bakery production and warehousing capacity, to support its future growth plans.

Guido Vanherpe, Group CEO of La Lorraine Bakery Group: “2025 was a year of transition. In the aftermath of past years’ inflation and volatility, consumer confidence and purchasing power in Belgium and across Europe came under pressure. Geopolitical tensions contributed to additional uncertainty in the markets. LLBG responded by further sharpening its strategy, tightening cost control, and reinforcing its entrepreneurial spirit. While overall results were good, revenue growth lagged somewhat behind the ambition level linked with the high CAPEX program.”

“In 2026, the Group will therefore keep a disciplined focus on volume growth, innovative products & solutions, as well as cost and overhead control and scaling efficiencies. LLBG remains confident in realizing its long-term growth ambitions, underpinned by sustainable innovation, very efficient factories and continued international expansion.”