
The LEGO Group wrapped up their conference for the 2018 Annual Results and it was a good rebound year for them. After a drop in 2017, LEGO returns to growth last year in which revenue grew 4 percent as well as operating profit. Some of the main highlights include:
-Global consumer sales grew 3 percent in 2018 compared with 2017.
-Revenue for the full year grew 4 percent to DKK 36.4 billion. In constant currency, revenue grew 7 percent compared with 2017.
-Operating profit grew 4 percent to DKK 10.8 billion. Net profit was DKK 8.1 billion, an increase of 3.5 percent.
-Cash flow from operating activities remained strong at DKK 9.8 billion.
-Market share grew in all major markets, bucking overall industry trends.
As usual, there’s certain LEGO themes that helped with the numbers and here are the top themes of 2018, in no particular order: City, Technic, Star Wars, Friends, Ninjago, Harry Potter, Jurassic World, Classic, and Creator.
Check out the official press release below.
… ContinueBILLUND: February 27, 2019: The LEGO Group today reported earnings for the full year ending December 2018. Global consumer sales grew 3 percent, while revenue for the full year grew 4 percent to DKK 36.4 billion, up from 35.0 billion in 2017. In constant currency, revenue grew 7 percent compared with 2017.
Operating profit was DKK 10.8 billion compared with 10.4 billion in 2017 an increase of 4 percent. The growth was due to increased sales, balanced with a continued focus on investing for the future. Cash flow from