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Ikea Group - Strategy and SWOT Report

Ikea Group Company SWOT Profile: New insights

Ikea Group (Ikea) is an international home products retailer. It sells furniture, accessories, and bathroom and kitchen items. Ingka Holding BV, a wholly-owned company by Stichting Ingka Foundation, is the parent company for the Ikea group of companies. The foundation is owned by the Kamprad family. As of August 31, 2013, the group had operations in 43 countries across Europe, North America, Asia and Australia. Ikea is headquartered in Delft, the Netherlands, and employed 135,000 people as of August 31, 2013. The group recorded revenues of E28,506 million (approximately $37,280.1 million) during the financial year ended August 2013 (FY2013), an increase of 3.2% over FY2012. The operating profit of the group was E4,011 million (approximately $5,245.6 million) in FY2013, an increase of 15.2% over FY2012. Its net profit was E3,302 million (approximately $4,318.4 million) in FY2013, an increase of 3.1% over FY2012.

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