IKEA expects 22% higher revenue, 4m visitors

(CIANEWS) - According to preliminary financial results, IKEA Czech Republic, Hungary and Slovakia (IKEA) recorded higher growth in 2022 than the global company Ingka Group. In this period, the latter firm’s retail revenue grew by 5.6% year on year to EUR 39.5bn. IKEA general director David McCabe said the furniture seller expected its revenue in the Czech Republic to increase by 22%. The number of visitors grew to 4m, and one in five customers shops online. IKEA invested in reconstructing its store in Brno, launched the Scan and Pay service and introduced a new mobile application. At the same time, it expanded its circular services into regions. It donated almost EUR 1m to help refugees from Ukraine. Audited results of IKEA Czech Republic, Hungary and Slovakia for the 2022 financial year will be available in January 2023.



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