Post by Jon Abrahamsson Ring
Senior Advisor at Blackstone Financial Services
Today Inter IKEA Group announced total IKEA retail sales of EUR 44.6 billion for FY25. Making IKEA more affordable for the many people is central to who we are. Our long-term approach has allowed us to reduce prices by 10% over the past two years. Now we see the results in 3% higher volumes and customers. Since 2020, IKEA sales have grown faster than the overall home furnishing market, resulting in increased market share. During that time, we’ve worked hard to offset inflation while continuing to transform the IKEA business. We are helping more people by making our products even more affordable for the many. I'm proud of all 222,000 IKEA co-workers around the world. Your dedication and passion have been the driving force behind our achievements in FY25. Thanks to your relentless efforts, we’ve achieved high product availability, stable sales and great new products. Now we’re better prepared to drive growth than we have been in a very long time. Read more about IKEA retail sales in FY25 here: https://lnkd.in/eKxmaTnH #IKEA #Affordability #Growth #BetterTogether #ManyPeople
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