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The Independent UK
The Independent UK
National
Via AP news wire

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

Copyright 2023 The Associated Press. All rights reserved

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 13.8 billion kroner ($2 billion) from 13.3 billion kroner. Sales were up 12%, while revenue grew 17% to 64 billion kroner ($9.2 billion).

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