Home / Knowledge / News / IKEA group sales rise 3.1% in FY'13
IKEA group sales rise 3.1% in FY'13
16
Oct '13
The IKEA Group total sales increased to EUR 27.9 billion ($37.38 US billion) in the financial year 2013, an increase of 3.1% compared to the previous year (+3.6% adjusted for currency impact). Sales in comparable stores grew by 1.8%.

“Value for money is increasingly important to our customers – and our sales development shows that people all over the world appreciate our concept of good quality, well-designed products at low prices”, says President and CEO Peter Agnefjäll.

“Reducing household energy bills is the most important issue for many people today when it comes to living more sustainably at home. In the last year, we sold 20 million energy saving LED products at affordable prices, helping people to do just that. And by 2016 we will convert all of our lighting products to LED to help even more people save money at home. Sustainability should not be a luxury good,” continues Peter Agnefjäll.

Some of the strongest growth was in Russia and China, and there was also significant progress in North America during the past year. While southern Europe continued being affected by the current economic situation, the IKEA Group continued gaining market shares in almost all markets.

During the financial year 2013, the IKEA Group continued to grow in line with the IKEA vision to create a better every day life for the many people, firmly based in our sound financial principles of expanding from our own resources and making long-term decisions.

IKEA group

Must ReadView All

Textiles | On 26th Sep 2016

Azerbaijan pins hope on revival of cotton sector

In the midst of economic problems, Azerbaijan president Ilham Aliyev...

Textiles | On 26th Sep 2016

Aleph unveils new LaForte wide format inkjet printers

Aleph, developer of a complete range of innovative digital printing...

Textiles | On 26th Sep 2016

Hank yarn delivery lead times to handloom sector high: Study

A study has concluded that hank yarn delivered by the National...

Interviews View All

Priyanka
Studio Priyanka Rajiv

Sunil Rathore
Lacoste India

Amit Jain
Shingora Textiles Ltd

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
September 2016

September 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search