Published on : Friday, October 18, 2013
The IKEA Group total sales increased to EUR 27.9 billion in the financial year 2013, an increase of 3.1% compared to the previous year (+3.6% adjusted for currency impact). Sales in comparable stores grew by 1.8%.
“Value for money is increasingly important to our customers – and our sales development shows that people all over the world appreciate our concept of good quality, well-designed products at low prices”, says President and CEO, Peter Agnefjäll.
“Reducing household energy bills is the most important issue for many people today when it comes to living more sustainably at home. In the last year, we sold 20 million energy saving LED products at affordable prices. And by 2016 we will convert all of our lighting products to LED to help even more people save money at home. Sustainability should not be a luxury good,” continues Peter Agnefjäll.
Some of the strongest growth was in Russia and China, and there was also significant progress in North America during the past year. While southern Europe continued being affected by the current economic situation, the IKEA Group continued gaining market shares in almost all markets.