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Lagkagehuset posts record annual revenues and significantly reduces debt

The Danish bakery group’s drive to improve operational efficiency and store-level profitability yields positive results as full-year EBITDA increases 68% and net losses fall by DKK 85m ($13.1m) 

Photo credit: Lagkagehuset

The Danish bakery group’s drive to improve operational efficiency and store-level profitability yielded positive results, with full-year EBITDA increasing 68% and net losses falling by DKK 85m ($13.1m)

Denmark’s Lagkagehuset has credited greater operational efficiency, digital sales growth and strong footfall as driving record annual revenues and improved profit margins last year. 

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