For
Financial Year 2015 (September 1, 2014 to August 31, 2015) IKEA Group’s total sales amounted to EUR 31.9 billion. Total
sales translated into Euro increased by 11.2 per cent. Adjusted for currency
impact, total sales increased by +8.9 per cent. Sales in comparable stores grew
by 5.1 per cent.
“We are growing in almost all our markets and we are happy about last
year’s sales development. Our co-workers are doing a great job in
developing and bringing high quality and low price home furnishing
products to the customers through our stores and eCommerce.” says Peter Agnefjäll, President and CEO of IKEA Group.
China
remained the fastest growing IKEA Group market, followed by Russia.
Germany showed record growth and North America performed well. Also
South Europe demonstrated positive progress. Overall the developments
illustrate a solid growth on the majority of the IKEA Group markets with
only a few markets operating under more challenging economic
circumstances.
Most
of the growth comes from comparable stores. New stores combined with
new digital solutions also contribute to the sales development. The home
furnishing offer – not least Bedroom and Bathroom solutions – proved to
be appreciated by many customers. Additionally, during Financial Year 2015 the IKEA
Group opened 13 new stores and three new Pick-up Points; in Spain,
Norway and Finland, where customers can see a limited part of the IKEA
range and pick up pre-ordered items.
“Looking ahead, we
see many opportunities for us to continue to grow through our stores
and by meeting our customers in new exciting ways in our multichannel
environment – a journey we have only just begun. Continued growth and
strong results enable us to continue to invest in our co-workers, in the
value chain, as well as in sustainability – and thereby contribute to a
better everyday life for the many people”, concludes Peter Agnefjäll.
In
this critical year for climate change, IKEA Group and the IKEA
Foundation announced commitments totalling EUR 1 billion to accelerate
the transition to a low-carbon economy and to support the communities
most affected by climate change. The IKEA Group commitment takes the
company closer to its goal to become energy independent, producing as
much renewable energy as it consumes in its buildings.
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