In 2022, Lego‘s turnover slowed down. From 27% growth a year ago, it grew by 17% in 2022 to €8.7 billion (constant rates) via 904 stores. Western Europe and America were particularly dynamic. Toys for adults accounted for 20% of sales, for 15% of the range (with 114 adult products out of 744). Despite inflationary pressure (materials, energy), Lego’s operating margin and net margin both increased by 5%. The net margin amounted to €1.9 billion, i.e., 21.5% of sales. This ratio exceeds that...
In 2022, Lego’s net profit margin ratio exceeded that of LVMH
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