LEGO has announced their annual results for 2022 and they have reported strong growth for the year while also investing in the future. Revenue grew 17% while operating profit only grew 5% due to inflation and investments in new factories. The top themes for 2022 include LEGO City, LEGO Icons, LEGO Technic, LEGO Star Wars, and LEGO Harry Potter.
The LEGO Group delivers strong growth in 2022 and invests in the future
• Marks its 90th anniversary reaching more children with LEGO® play than ever before.
• Revenue grew 17 percent to DKK 64.6 billion.
• Operating profit grew 5 percent to DKK 17.9 billion. Net profit grew 4 percent to DKK 13.8 billion.
• Free cash flow was DKK 9.3 billion.
• Market share grew globally.
• Momentum driven by large-scale investments in long-term strategic initiatives.
BILLUND, DENMARK, March 7, 2023: The LEGO Group today reported strong earnings for the full year of 2022, significantly outpacing the toy market and gaining market share. Revenue for the full year grew 17 percent to DKK 64.6 billion compared with the same period last year, including the impact of foreign currency exchange rates. The performance was driven by strong demand for the company’s portfolio, retailer partnerships both online and instore, a robust e-commerce platform and a resilient global supply chain network.
The LEGO Group CEO, Niels B. Christiansen said: “2022 was a milestone year for the LEGO Group as we celebrated our 90th anniversary. Our strong results show that the LEGO System in Play is more relevant and
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