The LEGO Group announced a positive result for 2023
Despite the difficult external operating environment, the LEGO Group increased its revenue by two percent to DKK 65.9 billion and significantly outperformed the toy market, increasing its market share. Operating profit was a solid DKK 17.1 billion as the company accelerated spending on short- and long-term strategic initiatives.
“Despite external market conditions, we have continued to invest in the future and have achieved strong results in digital, sustainability and retail initiatives that support long-term growth. We are grateful to our dedicated colleagues who remain committed to our mission to inspire and develop the builders of future architects”
said Niels B. Christiansen, CEO.
As expected, revenues increased by two percent to DKK 65.9 billion (approx. HUF 3.5 trillion) compared to DKK 64.6 billion in 2022. Excluding the impact of exchange rates, revenue increased by three percent compared to 2022.
Consumer sales in 2023 are expected to grow four percent compared to 2022, driven by strong growth in the United States and Central and Eastern Europe.
Related news
The toy market also spins in summer – this is how families with small children go on vacation
Juggling vacations, support from grandparents and a wide range of…
Read more >A day is just for fun at the country’s most attractive workplace
Playing is not only fun, but also important and useful,…
Read more >Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >