Ikea

Ikea profits rise despite sales falling 8.9% in FY24

Inter Ikea, owner of the Swedish furniture brand, has reported higher profits despite a decline in revenues during the year…

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Ikea sales dip 5.3% in FY24 after cutting prices

Ikea has seen a 5.3% decrease in retail sales to €45.1bn (£37.7bn) for its 2024 financial year as it “substantially”…

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Ikea partners with Tesco to open 100 more click-and-collect points

Ikea has announced that it is planning to open 100 more click-and-collect points at Tesco stores across the UK to…

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Ikea UK turnover hits £2.5bn as profits double in FY23

Ikea UK has seen turnover hit £2.46bn in FY23, with total sales up by 11.9%, as operating profits almost doubled…

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Ikea sees sales jump 6% to €47.6bn

Ikea has posted sales of €47.6bn (£41.1bn), up 6.6% compared with FY22, for the year ended 31 August 2023 despite…

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Ikea UK profits fall by nearly a fifth despite £2.2bn in sales

Ikea UK has announced that its profits have fallen nearly a fifth to £49.6m, despite posting sales of £2.2bn for…

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Ikea invests £12m in cost of living support package

Ikea has announced that it is investing £12m in a pay increase and wellbeing support package for staff across the…

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