Saturday April 4, 2020

IKEA sales soar by over 10 per cent to €31.9 billion

New stores and online expansion drove increased revenue

10th December, 2015
Profits up Pic: Getty

IKEA Group earned €3.5 billion in 2015, the home furnishings giant revealed today.

According to its latest figures, total sales increased by 11.2% to € 31.9 billion. Together with rental income from the shopping centre business, total revenue amounted to € 32.7 billion - up 11.5 per cent.

The company said most of the growth came from comparable stores, although new stores and online expansion contributed substantially.

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