IKEA’s sales grow 6.6% in FY 2023

Inter Ikea Group has reported that the total retail sales for Ikea in the financial year 2023 (FY23) reached EUR 47.6 billion, marking a 6.6% increase compared to FY22. This remarkable achievement was realized despite the ongoing challenge of reduced sales quantities. FY23 was characterized by a concerted effort to make Ikea more affordable, ensuring that a wide range of people can continue to enjoy the Ikea shopping experience in the present and future. The Inter Ikea Group also intensified its focus on designing high-quality products by enhancing material development and optimizing production processes, all with ...

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