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.
 
2022 results at a glance

Financial reports

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
A word from our CEO

Financial press releases

Read all about our prospectus and download the digital version.

Go to prospectus

Read the LLBG articles of association.

Go to articles of association

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

Download the press release

Read all about our prospectus and download the digital version.

Go to prospectus

See a list with detailed information about our guarantors.

Go to guarantors overview

See the full list with our articles of association.

Go to articles of association

Silver EcoVadis medal

LLBG has been awarded with a silver EcoVadis medal! This improved sustainability rating is a recognition for our sustainability efforts of the past year, underscoring our dedication to contribute to a healthier planet through ethical business operations.
Silver EcoVadis medal

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.
 
Corporate governance