Growth in Ikea’s results greater than in sales revenue

In its last business year, the group had 340 furniture stores in 28 countries

The Swedish IKEA group raised its net profit by 20% in its business year 2015/2016 (31 August) to €4.2bn (2014/2015: €3.512bn). The company’s business report shows that operating profit rose by 12.5% to €4.499bn (€4.049bn). Sales revenue generated in the IKEA branches increased 7.1% in the last business year ...

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