IKEA’s total sales in FY2014 (September 1, 2013 – August 31, 2014) increased by 5.9% from last year to EUR 28.7 billion. Together with the rental income from the shopping centers business, total revenue amounted to EUR 29.3 billion (+2.8%). The Group’s net income amounted to EUR 3.3 billion for the 2014 financial year.

“FY14 was a good year for IKEA. I am happy to see increased growth in all our sales channels; in existing stores, in the opening of new stores and in e-commerce. We reached some important milestones towards becoming energy independent and saw a 58% increase in the sales value of products that enable people to live a more sustainable life at home. Sustainability is an integral part of our business strategy”, says President and CEO Peter Agnefjäll.

Market conditions continued to improve with strong performance in China and North America, and an upward trend in Europe. The largest markets in terms of sales were Germany, US, France, Russia and the UK. The IKEA Group gained market share in almost all markets and entered a new country – Croatia. During the period, there were 716 million visits to the IKEA Group stores and more than 1.5 billion visits to IKEA.com.

“We have an ambitious growth agenda and at the same time we’re determined to have a positive impact on people and the planet. Our size gives us a unique opportunity to make a difference and contribute to positive change in society,” added Peter Agnefjäll.