Continuing to outpace the rest of the toy industry, The LEGO Group announced earlier today during it’s earnings report for H1 2024 that it’s achieved a 13% growth in revenue compared to TLG’s H1 of 2023. On top of that, the company has also seen growth in customer sales of 14%, driven by the Europe and the Americas regions. With this additional cash coming in, spending on new offices and factories has also upticked slightly. Amid this growth, the LEGO Group’s continued push for sustainably sourcing plastic for their bricks remains a driving force at the company. Over the last 6 months, about 22% of material used in their toys came from renewable and recycled materials, improving upon the 12% used in H1 of 2023. Other items of note include TLG’s participation in the first International Day of Play and the 25th anniversary of LEGO Star Wars.
Read on for the full press release from the H1 2024 earnings report