“We made a huge leap last year and want to at least keep it up this year,” said Sieber. He described his company’s earnings situation as “very solid” despite significant increases in the cost of materials and logistics. During the pandemic, more people would have devoted themselves to the model railway hobby again – very often from the age group around 50, the years who tinkered with their children and grandchildren on railway landscapes.
Sieber announced price increases for model railways, but also for many other toys. The higher costs have not yet been fully passed on to the market, he said. In some areas, the jumps could go up to 20 percent. Electronic toys are particularly affected, such as remote-controlled cars, but also larger stuffed animals because of the high cost of shipping containers.
