Yesterday, LEGO released their 2021 Financial Results, and the results were nothing short of remarkable, with total LEGO sales up by 22% and revenue crossing US$8 billion for the very first time which is absolutely huge. Just to put into context how well LEGO have done, here’s a series demonstrating just how significant LEGO’s revenue…
LEGO’s 2021 full year financial results revealed – revenue crosses US$8 billion
Consumer sales grew at strong levels in 2021. Consumer sales grew 22 percent for the full year vs 2020. Revenue grew 27 percent to DKK 55.3 billion (US$8.3bn) compared with 2020. Operating profit grew 32 percent to DKK 17.0 billion (US$2.5bn) Net profit was DKK 13.3 billion (US$1.94bn) in 2021 against DKK 9.9 billion in…
Editorial: LEGO’s Annual Report 2017 – What is LEGO doing wrong?
Last week, LEGO released its 2017 Annual Report and the numbers weren’t pretty. You may have seen the doom & gloom headlines in the news and on other LEGO sites, but here are my thoughts on LEGO’s situation. Here’s the summary on the 2017 financial results from LEGO: Revenue for the full year decreased by…