Money

LEGO engineered a remarkable turnaround of its business.

Written by Teunis Felter

This week the Danish toymaker LEGO posted a 25% jump in revenues and a 31% rise in net profits for 2015, a far cry from 2003 when the company was in deep trouble, having lost 30 percent of its turnover over the past year. In 2004, another 10 percent vanished. How had the Danish toymaker fallen so far so fast then and jumped so high this week?

https://www.linkedin.com/pulse/lego-engineered-remarkable-turnaround-its-business-howd-lindstrom

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.