Lego profits jump 140%

merlin entertainments
LEGOLAND, WINDSOR, UK - APRIL 30, 2016: Visitors outside the Nexo Knights castle at Legoland

Lego has reported a 46% rise in revenues to 23bn Danish kronor.

Profits jumped 140% to 6.3bn kroner ($954m).

As a result, the group gave all 20,000 of its employees an additional three holiday days. Employees will also receive an unspecified bonus.

“We are very pleased with the progress we made across all areas of the business during the first half. Our performance was driven by strong demand for our portfolio, which has attracted new builders to the LEGO brand,” said Niels B. Christiansen, CEO.

“Our year-on-year growth benefited from fewer COVID-related restrictions compared with 2020 as our factories operated uninterrupted and the majority of retail stores re-opened.”

Our year-on-year growth benefited from fewer COVID-related restrictions compared with 2020 as our factories operated uninterrupted and the majority of retail stores re-opened.

The group opened 60 stores in the first half of 2021. The group now has 737 stores across the world.