Lotus Bakeries: Achieving New All-Time Highs with Caramel Cookies and Healthy Snacks

The Belgian company Lotus Bakeries develops, produces, and distributes sweet snacks and bars worldwide. The first half of the year showed an impressive sales growth of 14%. The core brand Biscoff has doubled its household penetration in the USA since 2023 to over 10%. With a P/E ratio of 52, the valuation is high. However, the stock has delivered reliable returns for years and recently marked a new all-time high.   The stock of Lotus Bakeries currently ranks 11th in the ranking of European dividend stocks, with an average price performance...