Increased growth of 5.6 percent for IKEA sales during exceptional times
Ingka Group today announced IKEA retail sales of EUR 39.5 billion[i] for the financial year 2022[ii], an increase of 5.6% compared to last year (EUR 37.4 billion in FY21). This despite unprecedented challenges caused by the tragic war in Ukraine, supply chain disruptions, increased inflation and the continued impact of the pandemic. While siding with the many people and furnishing many more homes, the company accelerated its omnichannel transformation to become even more accessible, sustainable, and as affordable as possible for its customers.In an exceptional year, with geopolitical and