[Ikea results] Ikea on track for €50 billion sales in 2024

An article by Sophie Baqué

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Publication

2 November 2023 à 17h26

Updated on 13 November 2024 à 17h07

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2 minutes

Publication: 2 November 2023 à 17h26, Updated on 13 November 2024 à 17h07

Reading time: 2 minutes

Despite a declining Web traffic, digital transactions accounted for more than 25% of Ikea's business in 2023. The world's largest furniture retailer maintained growth momentum to aim for a €50 billion mark in 2024.

An article by Sophie Baqué

Add mind Retail to your sources

Publication

2 November 2023 à 17h26

Updated on 13 November 2024 à 17h07

Reading time

2 minutes

Publication: 2 November 2023 à 17h26, Updated on 13 November 2024 à 17h07

Reading time: 2 minutes

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Swedish furniture giant Ikea Group has published financials for the fiscal year 2023, ended August 31st. Sales reached €47.6 billion, up by 6.6% overall and by 7.3% at constant exchange rates. This is twice the growth forecast for 2022.

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Featured image of the article Sophie Baqué

Sophie Baqué Chief Editor of mind Retail

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