A cosy interior with soft lighting and various pieces of IKEA furniture, including a table with six ODGER chairs.

Inter IKEA Group FY19 year in review

Many companies, organisations and people shape the IKEA brand. Inter IKEA Group includes the IKEA franchisor, range, supply and certain industry activities. Here is a selection of facts and figures that will give you a glimpse into the Inter IKEA Group Financial year Sep 2018 - Aug 2019 (FY19).

Read more about how we’re organised

Growing IKEA retail sales for more than 75 years

A graph in pink showing the increase in sales for IKEA products between the 1940’s and 2019. Yellow circles show key figures.
IKEA retail sales have grown from just a few thousand SEK in the 1940’s to more than EUR 40 billion in FY19.

Around the world more than 211,000 IKEA co-workers launched new products, tested new store formats and helped IKEA customers get the products and solutions they need. As a result, IKEA retail sales reached EUR 41.3 billion in FY19.

Read facts, figures and stories from the IKEA value chain in FY19

  • €25.3

    billion Inter IKEA Group FY19 revenues

  • €1.5

    billion Inter IKEA Group FY19 profit

Retail sales growth means positive results for Inter IKEA Group

Retail sales is an important measure of success for Inter IKEA Group since IKEA Franchisees buy their products from Inter IKEA Group companies. Total Inter IKEA Group revenues reached EUR 25.3 billion with a net result of EUR 1,485 million in FY19. This meant the Inter IKEA Group financial position improved during FY19.

Read more about the Inter IKEA Group FY19 financial results

Read more about the Inter IKEA Group FY19 balance sheet

A sideboard with a lit cream-coloured table lamp that is also a WiFi speaker from the IKEA SYMFONISK collection.
In August IKEA stores unveiled SYMFONISK, a new collection developed together with SONOS. On the first day alone more than 30,000 SYMFONISK lamps and speakers were sold.

Better products for better lives

This year we’ve introduced more than 2,000 products to make people’s lives better. That includes home technology for a great low price, solutions to save water and reduce waste, and products for a healthier life at home. Every new product balances the five elements of Democratic Design: form, function, quality, price and sustainability.

Discover the products launched at this year’s Democratic Design Days by visiting the IKEA newsroom

A blue and yellow IKEA logo on a sign with a blurry street view in the background.

Working together to make shopping better

In FY19 we worked with IKEA franchisees to improve distribution and home delivery. And we’ve developed new and exciting ways to meet our customers – in-store, online and beyond!

Learn more about new IKEA meeting points

60% of the IKEA range is based on renewable material.
10% of the IKEA range contains recycled materials.

Towards a circular IKEA

We want to be circular in every aspect of our business. That means designing all of our products to be 100% circular from the beginning, using only renewable or recycled materials, and developing circular capabilities in our supply chain. Our ambition is to be 100% circular by 2030.

Read about how we’re developing a circular IKEA supply chain

Our ambition is to be 100% circular by 2030.

- Malin Nordin, Head of Circular Development, Inter IKEA Group