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LEGO Announces Double Digit Growth for 1HY 2024

LEGO has released their financial results for the first half of 2024 and they have delivered double digit top and bottom line growth. Revenue grew by 13% while consumer sales grew by 14% which was driven by a demand for a strong and diverse portfolio.

For the first half of the year, LEGO has released about 300 sets and some of the top performing themes include LEGO Icons, LEGO City, LEGO Technic, LEGO Star Wars, and LEGO Harry Potter.

The LEGO Group delivers double-digit top- and bottom-line growth in H1 2024

Significantly outpaced toy industry and grew market share.
Continued strategic investments to drive growth while further accelerating sustainability initiatives.

Highlights vs. H1 2023

• Revenue grew 13 percent to DKK 31.0 billion.
• Consumer sales grew 14 percent driven by demand for a strong and diverse portfolio.
• Market share grew as the LEGO Group continued to significantly outperform the toy market.
• Operating profit grew 26 percent to DKK 8.1 billion driven by strong top-line while spending on strategic initiatives increased as planned in H1. Net profit grew 16 percent to DKK 6.0 billion.
• Free cash flow was DKK 3.0 billion due to strong top-line performance while investments continued in building new factories and expanding facilities and offices.
• 30 percent of all resin purchased in H1 was certified mass balance, which translates to an estimated average of 22 percent material from renewable and recycled sources in the raw materials the company uses to make LEGO® bricks.

BILLUND, Denmark, August 28, 2024: The

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LEGO Ideas Coldplay Music of the Spheres World Tour Diorama Achieves 10,000 Supporters

Coldplay Music of the Spheres World Tour Diorama by MIKEYDENDEN is the latest project to achieve 10,000 supporters on LEGO Ideas. The build features the stage from Coldplay’s Music of the Spheres concert series from 2021.

The project joins Claw Machine Wallace & Gromit – A Grand Day Out, Pioneer CDJ 2000 Nexus Multi Player, Impression Sunrise – Monet, The Loneliness of the Voyager – NASA’s Voyager Mission, Humpback Whale Breach, Tintin – Space Rocket, The Iron Giant in the Forest, Tetris Solid, Working Image Projector “Magic Lantern”, Popcorn Machine, Arsenal F.C. – The Invincibles, Sony Walkman, Sony Walkman, Hydroelectric Power Plant, Floating Sea Otter, Avatar: The Last Airbender!, Blacksmith – Wild West, Bluey!!, New Holland CR Combine, Wednesday The Room and The Balcony, Lisbon Tram (Electrico 28), Market Village, Modular Post Office in Neoclassical Style, Working River Rapids Ride – Fairground Rafting Coaster, Italian Riviera, Vintage Radio – Listen to Your Favorite Music!, Snoopy – Campfire, Mallard, Donkey Kong, Downton Abbey: Highclere Castle, LEGO ZH1 – Working and Functional 33MM Film Camera, Bob Ross: The Joy of Painting, Gravity Falls: The Mystery Shack, and The Tennis Match as the ones to reach the Second 2024 Review Stage.

LEGO Star Wars: Character Encyclopedia Fan Vote winner Announced

A few weeks ago, LEGO did a fan vote over on LEGO Ideas to choose the feature character for the upcoming LEGO Star Wars Character Encyclopedia: Updated Edition. The votes have been counted and not surprisingly, the character that fans wanted most is Ahsoka Tano.

LEGO Star Wars Character Encyclopedia: Updated Edition will be released in 2025 and will feature over 200 minifigures from LEGO Star Wars with facts and figures about them.

LEGO Ideas The Tennis Match Achieves 10,000 Supporters

The Tennis Match by Bricky_Brick is the latest project to achieve 10,000 supporters on LEGO Ideas. The build features the tennis court next to the gym and apartment building.

The project joins Claw Machine Wallace & Gromit – A Grand Day Out, Pioneer CDJ 2000 Nexus Multi Player, Impression Sunrise – Monet, The Loneliness of the Voyager – NASA’s Voyager Mission, Humpback Whale Breach, Tintin – Space Rocket, The Iron Giant in the Forest, Tetris Solid, Working Image Projector “Magic Lantern”, Popcorn Machine, Arsenal F.C. – The Invincibles, Sony Walkman, Sony Walkman, Hydroelectric Power Plant, Floating Sea Otter, Avatar: The Last Airbender!, Blacksmith – Wild West, Bluey!!, New Holland CR Combine, Wednesday The Room and The Balcony, Lisbon Tram (Electrico 28), Market Village, Modular Post Office in Neoclassical Style, Working River Rapids Ride – Fairground Rafting Coaster, Italian Riviera, Vintage Radio – Listen to Your Favorite Music!, Snoopy – Campfire, Mallard, Donkey Kong, Downton Abbey: Highclere Castle, LEGO ZH1 – Working and Functional 33MM Film Camera, Bob Ross: The Joy of Painting, and Gravity Falls: The Mystery Shack as the ones to reach the Second 2024 Review Stage.

LEGO Ideas Gravity Falls: The Mystery Shack Achieves 10,000 Supporters

Gravity Falls: The Mystery Shack by Minibrick Productions is the latest project to achieve 10,000 supporters on LEGO Ideas. The 1,900 piece build features the Mystery Shack with a detailed interior and includes seven minifigures.

The project joins Claw Machine Wallace & Gromit – A Grand Day Out, Pioneer CDJ 2000 Nexus Multi Player, Impression Sunrise – Monet, The Loneliness of the Voyager – NASA’s Voyager Mission, Humpback Whale Breach, Tintin – Space Rocket, The Iron Giant in the Forest, Tetris Solid, Working Image Projector “Magic Lantern”, Popcorn Machine, Arsenal F.C. – The Invincibles, Sony Walkman, Sony Walkman, Hydroelectric Power Plant, Floating Sea Otter, Avatar: The Last Airbender!, Blacksmith – Wild West, Bluey!!, New Holland CR Combine, Wednesday The Room and The Balcony, Lisbon Tram (Electrico 28), Market Village, Modular Post Office in Neoclassical Style, Working River Rapids Ride – Fairground Rafting Coaster, Italian Riviera, Vintage Radio – Listen to Your Favorite Music!, Snoopy – Campfire, Mallard, Donkey Kong, Downton Abbey: Highclere Castle, LEGO ZH1 – Working and Functional 33MM Film Camera, and Bob Ross: The Joy of Painting as the ones to reach the Second 2024 Review Stage.

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