The LEGO Group has today announced their financial results for last year (2023). On the whole, it was a fairly positive year for the company, as they outperformed the struggling toy market to increase their global market share. Direct-to-consumer sales and revenue both improved relative to their 2022 benchmarks; the former growing by 4%, the latter by 2% to DKK 65.9 billion. Despite this, TLG’s operating profit dropped to DKK 17.1 billion from DKK 17.9 billion the year before (although the second half of 2023 saw 7% growth compared to the same period in 2022). According to LEGO, this was driven by additional investment in diverse strategic areas. Chief among these is a 60% year-on-year increase in their spending on environmental initiatives. The total spend in this area is projected to double by 2025. These are the headline figures; more details can be found after the jump. But in the meantime,...

