Tag Archives: LEGO Financial Results

The LEGO Group shares earnings report for first half of 2025 – double-digit growth, doubling down on strategic investment [News]

Today, the LEGO Group shared its earnings report for the first half of 2025, revealing double-digit growth all around. Overall sales are up 13%, Revenue up 12%, Operating Profit up 10%.  LEGO also highlights expanded global supply chain improvements and a continued commitment to sustainability.  Revenue growth was matched by an even greater investment in the company’s future with new facilities and an expanded global team.

These numbers come at an interesting time for adult fans and readers of this site as we’re in the midst of LEGO announcing many high-priced sets for adult collectors for the second half of the year. It can be hard to celebrate the company’s success when the lived experience of many fans is that prices are outpacing their ability to keep up with the hobby. While the rise in the number of 18+ display sets with high piece counts and this summer’s Star Wars inflation have left many fans frustrated, less AFOL-focused lines like Ninjago, Dreamzzz, Friends, and City/Space, as well as the Botanicals line, show that, for creativity and play, there are still amazing and affordable sets to be had.

LEGO’s full report follows.

LEGO’s full report follows

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LEGO by the Numbers: LEGO Group announces 2024 financial results [News]

As is customary around this time of year, the LEGO Group has provided an update on its finances having crunched the numbers for 2024. Following on from 2023’s solid foundation, the Danish toymaker continued its expansion, growing market share despite the continued contraction of the global toy market. As a result, both revenue and operating profit saw increases year-on-year to record levels, by 13% to 74.3bDKK, and 10% t0 18.7bDKK, respectively. There was also strong growth on the sustainability front: the share of sustainable and sustainably-sourced materials more than doubled in 2024. For more in-depth information, and a word from LEGO Group CEO Neils B Christiansen, read their press release after the jump!

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LEGO announces financial results for 2023 calendar year [News]

The LEGO Group has today announced their financial results for last year (2023). On the whole, it was a fairly positive year for the company, as they outperformed the struggling toy market to increase their global market share. Direct-to-consumer sales and revenue both improved relative to their 2022 benchmarks; the former growing by 4%, the latter by 2% to DKK 65.9 billion. Despite this, TLG’s operating profit dropped to DKK 17.1 billion from DKK 17.9 billion the year before (although the second half of 2023 saw 7% growth compared to the same period in 2022). According to LEGO, this was driven by additional investment in diverse strategic areas. Chief among these is a 60% year-on-year increase in their spending on environmental initiatives. The total spend in this area is projected to double by 2025.

These are the headline figures; more details can be found after the jump. But in the meantime, here’s what LEGO Group CEO Niels B. Christiansen made of the results:

“We are pleased with our performance given that 2023 was the most negative toy market in more than 15 years. We continued to grow on top of three years of extraordinary growth and saw strong momentum in the final quarter of 2023. We significantly outpaced the market, growing share and proving the appeal of our strong, diverse portfolio and the LEGO® System in Play.”

“Despite the external market conditions, we continued to invest for the future and made good progress on digital, sustainability and retail initiatives that will support long-term growth. We are grateful for our dedicated colleagues who remain committed to our mission to inspire and develop the builders of tomorrow.”

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The LEGO Group reports double-digit growth in both sales and revenue in 2020 [News]

Today, The LEGO Group presented the financial report for the full year of 2020. An online event was hosted by the company’s CEO, Niels B Christiansen, who announced a strong growth of all key indicators. In 2020, the revenue grew 13 percent to DKK 43.7 billion compared with 2019, while consumer sales grew 21 percent compared to the same period. Operating profit was DKK 12.9 billion, an increase of 19 percent compared with 2019. The brand’s global market share grew globally and in its 12 largest countries.

Niels B Christiansen, the CEO, said: “We are very pleased with these results. They show the timeless relevance of the LEGO brick and learning through play. This performance is also a testament to the passion, creativity and resilience of our people. Despite the challenges of the pandemic, they worked tirelessly to keep the world playing.”

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LEGO 2017 Financial Results – Simplified and made easy! [Feature]

Last week LEGO released its annual financial results for 2017, and to some of us, it may have seemed like it was written in a foreign language. You know what it means to have a profit and loss, but to help cut through all the accounting jargon, we’ve simplified things a bit further for you. Note that we’re taking a huge amount of liberty with the complex details to keep it simple, but it should give you the right general idea.

LEGO 2017 Financial Results Simplified Breakdown

Read our simplified break-down of LEGO’s 2017 financial results

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