Ikea

Worldwide turnover increase

Article by Martina Nöstler, translated by Susanne Höfler | 11.10.2018 - 16:59

Ikea's global retail trade turnover of 2017 gained 4.7% totaling €34.8 bn. (after currency effect adjustments). The Swedish group is operating 367 Ikea houses around the world as franchisee. License fees go to the legally independent Inter Ikea Systems in the Netherlands. Ikea is present on 30 markets worldwide with China being one of the fastest growing ones. Last year, twelve new furniture markets were opened - amongst them the very first one in India. Visitor numbers increased by 3% to 838 million customers.

In the fiscal year of 2017/18, Ikea Austria registered a revenue growth of 3.9% to almost €761 million. Online sales gained 27%, according to the group. In Strebersdorf, Ikea Austria is currently building a new logistics center. From the end of 2019 onwards, the direct deliveries to customers all over Austria will start from there.