The LEGO Group has released their report for the first half of 2018. If you remember back in March, the profits for LEGO declined last year and it looks like there has been mixed results so far for the first half of this year. Consumer sales went up on l% while the revenues stayed flat however the operating profits went up 4%. One of the main reasons for the numbers is because of the closure of Toys R Us in the US, UK, and Australia. The company has to find evolve how they distribute their products in the retail setting.

The top performing themes so far from January 1 through June 30 where LEGO Technic, LEGO Ninjago, LEGO Classic, and LEGO Creator. Also listed on the press release was LEGO City and LEGO Star Wars which continue to be one of their more popular themes.

Developments in first half 2018:
• Global consumer sales grew 1% in the six months to June 2018
• Revenue has stabilised and growth is flat while operating profit is up 4 percent in constant exchange rates compared with the same period in 2017.
• In DKK terms, revenue was 14.3 billion, a decline of 5 percent compared with 14.9 billion in the first half of 2017. Operating profit declined 4 percent to DKK 4.2 billion. Net profit was DKK 3.0 billion, down 10 percent. Cash flow from operating activities was DKK 4.1 billion, compared with DKK 4.6 billion in 2017. These declines were driven mainly by the weakening of