Daily Mail

LEGO FIRED UP BY GREATER DEMAND

-

LEGO said customers all over the world burnt a trail to its multicolou­red toy bricks as it announced a surge in profits.

The privately owned Danish firm said it had built on its success by expanding factories worldwide and ‘significan­tly increased investment­s’.

This resulted in double-digit sales growth in all regions with the strongest demand seen in Asia.

Profits in the first half of the year jumped 30pc to £360m, and sales grew to £1.4bn from £1.1bn a year earlier. Chief executive Joergen Vig Knudstorp, who described the numbers as ‘highly satisfacto­ry’, said the results were particular­ly encouragin­g as sales last year were boosted by the release of the Lego Movie ( pictured). This was the most popular animated feature film of the year.

Although best-known for its building blocks – which have long been a staple for children – Lego also has a host of popular mobile phone apps and theme parks, including Legoland in Windsor.

Lego is based in Billund, Denmark and has 15,000 employees – up from 12,500 last year.

 ??  ??

Newspapers in English

Newspapers from United Kingdom