- Lego, the world’s largest toymaker, will reward its 20,000 employees a special annual bonus and three additional vacation days after announcing the Denmark-based company’s massive profits this year.
- Lego spokesperson Benjamin Hjorth explained that this “has been an extraordinary year,” and the owners want to acknowledge the contribution from workers.
- The family group reported a net profit of 6.3bn Danish kronor ($946m) for the first half of 2021, representing an increase of 140% from the same period in 2020.
Alisha Rahaman Sarkar from The Independent writes:
“Lego, the world’s largest toymaker, has rewarded its 20,000 employees a special annual bonus and three additional days of holiday after earning massive profits this year.
The Denmark-based company reported a doubled operating profit for the first half of 2021 after the Covid-19 induced lockdowns were phased out.
This “has been an extraordinary year,” and the company’s owners want to acknowledge employees’ contribution, Benjamin Hjorth, a spokesperson for the company told Bloomberg.
He added that the bonus amount would be paid to the staff in April 2022.
The family group reported a net profit of 6.3bn Danish kronor (£715m) for the first half of 2021, which is a 140 per cent increase from the same period in 2020.
While consumer sales grew 36 per cent amid the pandemic lockdown, revenues shot up 46 per cent to 23.0bn Danish kronor ( £ 2.70bn)in the same period. The company’s LEGO City, LEGO Star Wars, LEGO Harry Potter were among some of the best-performing themes…”
See full story here.
Categories: Business, International, Labor
Economic Left 
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