The LEGO Group announced a positive result for 2023

By: Trademagazin Date: 2024. 03. 12. 12:02

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.