Ikea profits rise despite sales falling 8.9% in FY24
In the retail segment, revenues for the group were down 8.9% to โฌ26.5bn (ยฃ21.9bn), compared to โฌ29bn (ยฃ24bn) in FY23
Inter Ikea, owner of the Swedish furniture brand, has reported higher profits despite a decline in revenues during the year that ended on 31 August 2024.