IKEA Group sales grow 11.2% at the end of FY 2015

Sep 14, 2015 | Furniture Manufacturer | 0 comments

SWEDEN – Worldwide sales of IKEA Group amounted to a total of 31,900 million euros at the end of fiscal year 2015 (September 1, 2014 to August 31, 2015), growth of 11.2%. Same store sales (SSS) growth was 5.1%.

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“We are growing in almost all our markets and we are happy about last year’s sales development. Our co-workers are doing a great job in developing and bringing high quality and low price home furnishing products to the customers through our stores and eCommerce.” says Peter Agnefjäll, President and CEO of IKEA Group.

China remained the fastest growing IKEA Group market, followed by Russia. Germany showed record growth and North America performed well. Also South Europe demonstrated positive progress. Overall the developments illustrate a solid growth on the majority of the IKEA Group markets with only a few markets operating under more challenging economic circumstances.

During FY15 the IKEA Group opened 13 new stores and three new Pick-up Points; in Spain, Norway and Finland, where customers can see a limited part of the IKEA range and pick up pre-ordered items.

Currently, the IKEA Group consists of 303 stores in 26 countries. IKEA was founded in 1943 in Sweden. At the end of last year, the IKEA Group had a workforce of 135,000 employees and received 684 million stores visitors and 1,300 million visitors to the website.

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