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Article: Danish Lego's 6-month profit surges to 75 million
- Article from:
- AP Worldstream
- Article date:
- August 12, 2008
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Danish toy maker Lego's six-month profit more than doubled on strong sales of products such as Lego City and Lego Star Wars, despite predictions of a slump in the international toy market.
The Lego Group said Tuesday that net profit for the first six months of the year was 564 million kroner (75.6 million; US$113.5 million), up from 212 million kroner in 2007.
Revenue in the six months through June 30 was 3.5 billion kroner (469 million; US$704 million), up from 2.96 billion kroner in the same period last year.
The company, whose colored plastic building blocks have been a favorite children's toy for decades, does not release quarterly figures.
Sales grew ...