Covid lockdowns fuel surge in Lego profits

Danish toymaker reports 25% rise in profit and increased global market share but warns growth will slow

Lego increased sales by more than a quarter last year while profits jumped by nearly a third as families turned to its plastic bricks for entertainment during pandemic lockdowns.

The Danish toymaker said it had gained market share around the world in 2021 but warned that growth would slow to less than 10% this year as schools and workplaces reopen.