Sweden (Notifix).- IKEA, the manufacturer and world’s largest residential furniture retailer, with stores in Europe, Asia and America for the first time publicly disclosed

its financial performance. During FY2010, which ended Sept. 30, the company informed worldwide sales increased by 7.7% to €23.1 billion, from 21.8 billion euro in FY2009.While the most current year’s numbers are not totally available, IKEA disclosed that “despite the difficult external conditions, the IKEA Group sales for FY2009 increased by 1.4 % to 21.8 billion Euro. “The company said it netted a profit of 11.3 % or 2.5 billion Euro compared to the previous fiscal year. It added, “The main part of the profit was re-invested in existing, relocated and new IKEA stores, as well as in factories and retail centers.” IKEA, founded in 1943, currently operates 280 IKEA Group stores in 26 countries.