LEGO (LEGO) investor relations material

Executive summary

• Revenue grew 21% year-over-year to DKK 41.9 billion, with consumer sales up 22% driven by strong global demand and brand excitement.

• Operating profit rose 22% to DKK 10.9 billion, supported by scale efficiencies and productivity, while maintaining high investment in strategic initiatives like sustainability.

• Net profit increased 32% to DKK 8.6 billion, reflecting robust top-line growth and operational execution.

• Outpaced the global toy market, gaining market share across all major regions.

Financial highlights

• Revenue reached a record DKK 41.9 billion, up from DKK 34.6 billion in H1 2025; constant currency growth was 26%.

• Operating profit of DKK 10.9 billion, up from DKK 8.9 billion; constant currency growth was 29%.

• Net profit rose to DKK 8.6 billion from DKK 6.5 billion year-over-year.

• Free cash flow increased to DKK 2.1 billion, up from DKK 1.7 billion, despite higher investments.

• Cash flow from operating activities grew 47% to DKK 8.6 billion.

Outlook and guidance

• Continued high investment in growth and sustainability initiatives for both short and long term.

• Ongoing expansion of manufacturing and supply chain capacity, with new facilities in the US and Denmark on track for 2027.