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Lego Sets First-Half Sales Record, Extends Market-Share Lead

A broader lineup and a manufacturing network close to major buyers helped the company outpace the recovering toy market.

People build Lego toys in a gift shop of Legoland Shanghai Resort on its grand opening day, amid an orange alert for heat in Shanghai, China July 5, 2025. REUTERS/Go Nakamura/File Photo
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Overview

  • Revenue rose 12% to 34.6 billion Danish kroner in the first half of 2025, with operating profit up 10% to 9 billion kroner, marking the company’s best first half on record.
  • Lego launched a record 314 new sets, with strong demand for Botanicals, Formula One and Star Wars ranges, and it confirmed a multiyear Pokémon partnership slated for 2026.
  • The company said it gained share across all major regions, citing double-digit growth in the United States and improving sales in China as the global toy market grew about 7%.
  • Capacity expansions underpinned growth, including a new factory in Vietnam, ongoing projects in Mexico and Hungary, and a U.S. factory and distribution center in Virginia targeted for 2027.
  • Lego opened 24 stores in the half, bringing its total to 1,079 worldwide, and emphasized producing close to consumers to manage tariffs and keep supply responsive.