The LEGO Group Reports Strong Earnings for Full Year 2022
Strong Financial Performance
The LEGO Group reported strong earnings for the full year of 2022, significantly outpacing the toy market and gaining market share.
Market Share Growth
The company has gained market share in all major regions, driven by strong demand for its iconic building blocks and innovative new products.
- Strong demand for its iconic building blocks and innovation
- Gained market share in all major regions
Expansion Plans
The LEGO Group plans to continue its expansion in 2023, with plans to open new branded stores and invest in new product development.
- Plans to open new branded stores
- Investments in new product development
- Continuous expansion in 2023
Sustainability Efforts
The company remains committed to sustainability, and in 2022 donated 305145 lbs of LEGO bricks to various organizations.
- Commitment to sustainability
- Donation of 305145 lbs of LEGO bricks in 2022
Additional Highlights
- Million downloads of LEGO Life app
- Branded stores feature new immersive store design
The LEGO Group's strong earnings and expansion plans are a testament to the company's continued commitment to innovation and sustainability.
