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.
billion Inter IKEA Group FY19 revenues
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.
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.
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!
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.
Our ambition is to be 100% circular by 2030.