The LEGO Group has released their earnings report from 2023 and revenue was up despite a slow toy market. Revenue was up 2% compared to 2022 while consumer sales grew 4%. The top performing themes include LEGO Icons, LEGO City, LEGO Technic, LEGO Star Wars, and LEGO Harry Potter. The LEGO Group delivered topline growth and outpaced the market in 2023 Highlights FY 2023 vs. FY 2022 • Revenue was DKK 65.9 billion up 2 percent despite declining toymarket. • Consumer sales* grew 4 percent. • Outperformed the toy market and significantly grew market share globally. • Operating profit was DKK 17.1 billion against DKK 17.9 billion in 2022 as the company accelerated spending on strategic initiatives to support growth. Operating profit grew 7 percent in H2 vs. H2 2022. • Cash flow from operating activities increased 1 percent to DKK 15.4 billion. • 60 percent increase in spending on environmental...

 
                                                             
                                                             
                                                             
                                                             
                                                             
                                                             
                                                            
 
  
		
				


