Lego Sales Soar Despite Economic Uncertainty

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Lego Sales Soar Despite Economic Uncertainty
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Lego, the Danish toy maker, said demand for its colorful bricks remained strong despite the fragile state of the world economy

in particular triggering cost inflation in recent months. The cost of the plastic resin used to produce Lego bricks has risen significantly, as have freight costs, he said.

Lego didn’t implement any price rises during the first half of 2022, meaning revenue growth came mainly through rising consumer demand, Mr. Christiansen said. The company has, though, subsequently increased prices for some products.

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