Lego CEO corrects erroneous forecast story - ToyNews

Lego CEO corrects erroneous forecast story

Jorgen Vig Knudstorp is keen to correct recent reports on his sales predictions for 2009.
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The story claimed that the CEO was hoping to post a 50 per cent global profit growth this year. The story was written by Reuters and picked up by various online news sites including CNBC and ToyNews.

A statement from Lego explained: "Jorgen Vig Knudstorp has confirmed that he was misquoted in an interview published on Reuters.

"What he commented on was Lego Group growth in sales for 2009. He did say that he expected a two-digit growth in sales for 2009 - approx. 15 per cent, not 50 per cent as quoted."

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