Lego posts record sales, sees market share growing further: CEO

Copenhagen: Danish toymaker Lego, the world s biggest, posted record sales for the first half of the year and continues to gain market share despite g...

Copenhagen: Danish toymaker Lego, the world's biggest, posted record sales for the first half of the year and continues to gain market share despite global volatility, its chief executive told AFP.

"Over the last several years, we have been able to outgrow the market and take market share pretty consistently," Niels Christiansen said in an interview.

"I don't think we are at the end of it."

In the first six months of the year, the global toy market expanded by 6.9 percent, with Lego's share growing "at twice that rate", Christiansen added.

In the January-June period, the maker of the colourful plastic bricks saw its net profit jump 10 percent from a year earlier to nine billion kroner ($1.39 billion).