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Tag: Profit
The LEGO Group stabilises growth after falling sales
Following a disappointing 2017 that saw the LEGO Group’s revenues decline by seven percent, things look to be back on track this year, with growth stabilising in the first half of 2018. That’s according to CEO Niels B. Christiansen, who told Reuters he was “satisfied” with the company’s recent progress. Consumer sales have grown by…
The LEGO Group sees rise in UK sales and profit
The UK part of the LEGO Group has seen a rise in both sales and profit. While the LEGO Group as a whole is going through a tricky period, that has seen CEO Bali Padda replaced within 12 months of being appointed, LEGO Company Ltd – the UK division – has seen pre-tax profits reach…
2016 saw increased revenue and profits for The LEGO Group
The LEGO Group released today the company’s financial results for 2016. The company have highlighted an increase in revenue from 35.8 billion DKK in 2015 to 37.9 billion DKK in 2016, suggesting that significant investment in the future was a key part of the strategy in 2016. Net profit increased from 9.2 billion DKK to…
How LEGO turned an Academy snub into the marketing moment of the 2015
Here is an interesting piece of info I was reading in a magazine while communiting to work this morning about this years Oscars I didn’t know about. We all know The LEGO Movie, a fan favorite and $468 million blockbuster, did not get a single nomination in the animated feature category, the company it seems…
