Lotus Bakeries rises on ice cream deal with Mondelez
Shares in Lotus Bakeries LOTB.BR rise 6.1% after the maker of Biscoff cookies expanded a strategic partnership with international snack company Mondelez MDLZ.O and British firm Froneri into the ice cream category
Under the agreement, Froneri will be producing, marketing and selling Biscoff ice cream in several European countries starting in 2026
The partnership could unlock new opportunities for Biscoff ice cream, allowing Lotus Bakeries to leverage their extensive expertise, KBC Securities analysts say
"This collaboration will strengthen Lotus Bakeries' position in the ice cream sector, enabling Biscoff to grow into a global ice-cream brand," KBC adds
The deal will also boost Lotus Bakeries' ability to focus on Biscoff cookies and spread globally, the brokerage says
Following the partnership announcement and strong growth in 2024, KBC upgrades the stock to "accumulate" from "hold"
Related Articles
Tesla Stock Outlook: Competing With Rivian, Robotaxi Potential, and 2026 Prospects
There is much conversation about the prospect of investing in Tesla (TSLA) as we move closer to 2026. The volatility of its share price in 2025 is leading many investors to consider if they should purchase shares of Tesla given the alternatives available in terms of electric vehicles (Rivian, etc.).
Why Sanae Takaichi Winning Japan’s Diet Election Led to a Surge in Japanese Stock Indices？
TradingKey - Reports indicate that the ruling coalition led by Japanese Prime Minister Sanae Takaichi has secured a single-party majority in the parliamentary elections held on Sunday (February 8). Following the news, the yen weakened slightly, while the Nikkei Index surpassed 57,000 for the first t
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 market
