Lego bets on collaboration with Epic Games after outpacing rivals

Lego is stepping up investments in digital playing experiences, ecommerce and sustainable packaging, with revenues up 17% and net profits up 4% in 2022. It is aiming to replace all fossil fuel-based plastic in its sets and packaging by 2030.

March 7, 2023 . 3:18 PM

1 min read

Lego posted revenues up 17% to DKr65bn ($9.3bn) and net profits rose 4% to DKr13.8bn ($2bn) in 2022.
Lego is upping its investments in digital playing experiences, ecommerce, and sustainable packaging.
Lego's sales and net profit have both increased by two-thirds in the past three years.
Lego is preparing to announce a collaboration in the metaverse with Epic Games, and aims to replace all fossil fuel-based plastic in its sets and packaging by 2030.
Lego is preparing to open factories in Vietnam and the US in 2024 and 2025.