Published 1 year ago

Lego posts boost in profit, sales as it raised some prices

Summary by KRDO

Lego says profits increased by 5% in 2022 from a year earlier and sales roles even as it raised prices on higher-ticket toys. The Danish toy company said net profit rose to 13.8 billion kroner, or $2 billion, from 13.3 billion kroner. Sales were up 12%, while revenue grew 17%. CEO Niels B. Christiansen called 2022 “a milestone year” as the privately held company celebrated its 90th anniversary.

0 Articles

All

Left

Center

Right

CTV News

Lego posts boost in profit, sales as it raised some prices

Lego said Tuesday that profits increased by five per cent in 2022 from a year earlier and sales rose even as it raised prices on higher-ticket toys.

1 year ago·Canada

Read Full Article

Associated Press News

Lego posts boost in profit, sales as it raised some prices

Lego says profits increased by 5% in 2022 from a year earlier and sales roles even as it raised prices on higher-ticket toys. The Danish toy company said net profit

1 year ago·United States

Read Full Article

abc News

Lego posts boost in profit, sales as it raised some prices

Lego says profits increased by 5% in 2022 from a year earlier and sales roles even as it raised prices on higher-ticket toys

1 year ago·United States

Read Full Article

KRDO

Lego posts boost in profit, sales as it raised some prices

COPENHAGEN, Denmark (AP) — Lego says profits increased by 5% in 2022 from a year earlier and sales roles even as it raised prices on higher-ticket toys. The Danish toy company said net profit rose to 13.8 billion kroner, or $2 billion, from 13.3 billion kroner. Sales were up 12%, while revenue grew 17%. CEO Niels B. Christiansen called 2022 “a milestone year” as the privately held company celebrated its 90th anniversary. With inflation growing, …

1 year ago·Colorado Springs, United States

Read Full Article

RTÉ

Lego builds up profits despite inflation

Lego, the world's number one toymaker, said today its revenue and profits rose last year as demand for its plastic bricks remained strong despite inflationary headwinds.

1 year ago·Ireland

Read Full Article

Sask Today

Lego posts boost in profit, sales as it raised some prices

COPENHAGEN, Denmark (AP) — Lego said Tuesday that profits increased by 5% in 2022 from a year earlier and sales rose even as it raised prices on higher-ticket toys. The Danish toy company said net profit rose to 13.

1 year ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.