Wednesday August 5, 2020

Ikea's Irish store rakes in €2.5 million in cash each week

Profits double at Swedish home furnishings superstore

Ian Guider

Markets Editor

@ianguider
10th March, 2016
Ikea's Ballymun store. Pic: RollingNews.ie

The tills at Ikea’s only Irish store in Ballymun in north Dublin were ringing to the tune of €2.5 million every week last year and its profits almost doubled.

The extra sales helped profits at the store, which has been open for almost seven years, climb to €13.7 million, up from €7.1 million in the previous year. At the end of its 2015 financial year, Ikea’s Irish store had retained profits of about...

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