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…
Monday Musings #7: How LEGO made nearly a billion dollars in the first half of 2021
Welcome to another instalment of Monday Musings – a fortnightly(ish) series devoted to random musings on the LEGO hobby, community, my collection and beyond. A note: apologies for the slightly slower posting schedule – I’ve just welcomed a new baby boy into my family, and have been spending some much-valued time with my family, and…
LEGO announces first half of 2021 financial results – Revenue up 46 percent
The LEGO Group today announced their first-half of 2021 financial results, showcasing stellar growth across all markets. Testament to all of us chipping in and spending more than ever on LEGO, consumer sales grew 36%, revenue was up 46% to DKK 23 bn (US$3.61 billion), with operating profit doubling, up 104% and net profit up…
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…
