2022 results at a glance
LLBG sustained its ambitious growth path in 2022 with a healthy financial performance, built on its winning product leadership strategy and historic investment plan in production capacity expansion. LLBG achieved a revenue of 1.17 billion EUR, an exceptional growth of 32% compared to 2021, including price increase effect.
The company launched its updated 5-year growth plan built on its new purposeful mission ‘Baking a better world together’, with a projected annual revenue growth close to 10% and an ambition to become net zero for its own CO2 emissions by 2039, the company’s 100th anniversary.
The company launched its updated 5-year growth plan built on its new purposeful mission ‘Baking a better world together’, with a projected annual revenue growth close to 10% and an ambition to become net zero for its own CO2 emissions by 2039, the company’s 100th anniversary.
Key figures
A word from our CEO
“In the past decade, La Lorraine Bakery Group realized healthy figures with around 10% growth every year. We want to keep growing in a sustainable and entrepreneurial way, across the next generations, with a passion for quality and innovation, doing well for all our stakeholders. Thus becoming a bigger, but above all, a better company.”
Guido Vanherpe
CEO La Lorraine Bakery Group
Guido Vanherpe
CEO La Lorraine Bakery Group
Subordinated retail bond 2020-2027
Read all about our prospectus and download the digital version.
Read the LLBG articles of association.
Download the press advertisement.
La Lorraine Bakery Group (LLBG) was able to raise 100 million euro in one day for its new subordinated bond and decided, in consultation with the joint lead managers BNP Paribas Fortis NV/SA and KBC Bank NV, to close the subscription period early on December 4, 2020 at 5.30 pm
Retail bond 2013-2020
Read all about our prospectus and download the digital version.
See a list with detailed information about our guarantors.
See the full list with our articles of association.
Corporate governance
LLBG considers corporate governance as an absolute necessity for a strong, growing family business. Therefore, LLBG has further professionalized and expanded its governance in the past ten years. During the transition to the third generation, the LLBG holding company has been created in which all the companies of the group were brought together.