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[RSS]: The LEGO Group delivers double-digit growth during 1H 2020


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The LEGO Group delivers double-digit growth during 1H 2020

The LEGO Group has published its financial results for the first half of 2020, confirming that LEGO has achieved considerable growth during this period.

Strong consumer demand drove consumer sales, revenue, operating profit and market share growth. Strategic investments positioned the Group well to navigate impact of COVID-19.

  • Consumer sales grew 14 percent in 1H 2020 compared with 1H 2019.
  • Revenue grew 7 percent to DKK 15.7 billion compared with the same period in 2019.
  • Operating profit grew 11 percent to DKK 3.9 billion, while investing in significant long-term growth initiatives.
  • Free cash flow strong at DKK 4.1 billion.
  • Market share grew in major countries, outpacing the toy industry.

BILLUND, September 2, 2020: The LEGO Group today reported first half earnings for the six months ending June 30, 2020. Revenue for the period grew 7 percent to DKK 15.7 billion compared with the same period in 2019. Consumer sales grew 14 percent compared with 1H 2019 and the brand’s global market share increased. Operating profit was DKK 3.9 billion, an increase of 11 percent compared with 2019.

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