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Lotus Bakeries NV (LOTB.BR)

LOTB.BR on Brussels Stock Exchange

2,136.10EUR
15 Dec 2017
Change (% chg)

€6.10 (+0.29%)
Prev Close
€2,130.00
Open
€2,139.65
Day's High
€2,139.65
Day's Low
€2,102.00
Volume
260
Avg. Vol
321
52-wk High
€2,546.00
52-wk Low
€2,025.00

Latest Key Developments (Source: Significant Developments)

Lotus Bakeries H1 REBIT rises to ‍​46.7 million euros
Friday, 18 Aug 2017 10:31am EDT 

Aug 18 (Reuters) - LOTUS BAKERIES NV ::H1 REVENUE EUR 258.9‍​ MILLION VERSUS EUR 256.4 MILLION YEAR AGO.35 EMPLOYEES WILL BE LET GO IN H2 DUE TO AUTOMATION IN GINGERBREAD PRODUCTION.H1 REBIT EUR ‍​46.7 MILLION VERSUS EUR 43.8 MILLION YEAR AGO.H1 NET RESULT EUR 31.9‍​ MILLION VERSUS EUR 30.8 MILLION YEAR AGO.WEAKER POUND FOLLOWING BREXIT VOTE IS HAVING SIGNIFICANT IMPACT ON CONSOLIDATED TURNOVER.DURING 2017 PRICE INCREASES HAVE BEEN INITIATED IN UK.POSITIVE EFFECT OF PRICE RISES IN UK WILL MAINLY BE FELT IN H2.DISTRIBUTION AGREEMENT HAS BEEN SIGNED WITH PARTNER IN INDIA FOR LOTUS BISCOFF.  Full Article

Lotus Bakeries appoints Mike Cuvelier CFO
Monday, 13 Mar 2017 12:43pm EDT 

Lotus Bakeries Nv : Mike Cuvelier to become CFO .He will replace Isabelle Maes, who will take up the role of CEO Natural Foods.  Full Article

Lotus Bakeries recalls batch of Biscoff Crunchy Biscuit Spread
Thursday, 2 Mar 2017 11:36am EST 

Lotus Bakeries NV :Recalls batch of Biscoff Crunchy Biscuit Spread.  Full Article

Lotus Bakeries FY revenue down at 507.2 million euros
Friday, 10 Feb 2017 02:36am EST 

Lotus Bakeries NV : FY revenue 507.2 million euros ($540.52 million) versus 411.6 million euros year ago . FY net result 62.5 million euros versus 45.6 million euros year ago . FY REBITDA 101.6 million euros versus 82.6 million euros year ago . Proposes FY dividend of 16.2 euros per share . Says weaker pund sterling following Brexit referendum to have significant impact on consolidated turnover . Says the aim is to consolidate turnover in 2017 .Says weaker pound sterling following Brexit is expected to be the greatest in H1 2017.  Full Article

Lotus Bakeries Proposes gross dividend of 14.2 euro per share in 2015, to increase production in Belgium and US
Friday, 12 Feb 2016 02:00am EST 

Lotus Bakeries NV:Proposes gross dividend of 14.2 euro per share in 2015.Said it has decided to invest in a third production hall in Lembeke (Belgium) which will have sufficient capacity for a maximum of four production lines.First Lotus Biscoff line in this facility will go into operation in H1 2017.Has decided to invest in a totally new Lotus Biscoff factory in the USA; scheduled to go into operating in 2019.  Full Article

Belgian biscuit maker recalls products amid contaminated eggs scare

BRUSSELS Belgian biscuit maker Lotus Bakeries said it had recalled some of its products in Belgium as they could contain eggs that were contaminated with insecticide fipronil.