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Subject: 
LEGO reports improved financial results
Newsgroups: 
lugnet.general, lugnet.lego
Followup-To: 
lugnet.lego
Date: 
Wed, 6 Apr 2005 13:26:40 GMT
Highlighted: 
!! (details)
Viewed: 
2008 times
  
LEGO has released their annual report for 2004 and it looks like there is some
good news!

http://www.lego.com/eng/info/default.asp?page=pressdetail&contentid=14426&countrycode=2057&yearcode=&archive=false

It came into my Inbox via Google alerts, with this link:

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050406005253&newsLang=en

Keep up the great work!

Best regards,
Allan B.



Message has 6 Replies:
  Re: LEGO reports improved financial results
 
(...) That's some heroic spin from our man Jorgen. See this: The result after tax for the year was DKK -1,931m compared with DKK -935m in 2003. Obviously, all the cost-cutting is good news, and once they unload the parks they'll be in much better (...) (20 years ago, 6-Apr-05, to lugnet.lego, FTX)  
  Re: LEGO reports improved financial results
 
Community outreach by LEGO, the adult fan base ("AFOLs") and legofactory.com are specifically mentioned in the annual report. Check it out. -- Bryan "Allan Bedford" <AllanBedford-DELETE...otome.com> wrote in message news:IEJ1CG.1AEJ@lugnet.com... (...) (20 years ago, 6-Apr-05, to lugnet.lego)  
  Re: LEGO reports improved financial results
 
(...) Well even though TLG is downsizing, it looks like they are headed in the right direction. This is good news for all AFOLs (except of course for those few who publicly stated that they wish ill will on TLG). Looks like a sizeable part of the (...) (20 years ago, 6-Apr-05, to lugnet.lego)
  Re: LEGO reports improved financial results
 
(...) I'm glad to see that gross margin is improving and that "Make and Create" has been successful. I think these two factors are linked. Its good to see Lego get back to basics and make more money out of it too. I just wish I could see (...) (20 years ago, 7-Apr-05, to lugnet.lego)
  Re: LEGO reports improved financial results
 
(...) It was in all the Danish news yesterday - but not as a positive story, but as a very negative story with the headlights: LEGO struggling for survival, LEGO will close down factories in Denmark, Switzerland and USA and move production to China, (...) (20 years ago, 7-Apr-05, to lugnet.lego)  
  Re: LEGO reports improved financial results
 
(...) Boiled down, I think it comes to: "Last year wasn't quite as bad a stinkburger as we thought. Kinda." It's the type of document that can be taken both ways. Improvements are definitely happening, which is good news; but they still lost more. (...) (20 years ago, 7-Apr-05, to lugnet.lego)

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