IKEA has reported that its full year total sales have increased by 11.2% to €31.9 billion.
Together with the rental income from its shopping centre business, total revenue amounted to €32.7 billion in the year to end August which marked a rise of 11.5%.
Net profit rose by 5.5% to €3.5 billion in the period.
The retailer said it had also made a key investment in sustainability in the year which included a shift to 100% LED in the IKEA lighting range.
“We have a great year behind us and have invested considerably in sustainability, in creating a better offer as well as being more accessible”, said IKEA president and chief executive Peter Agnefjäll.
He added: “In the past year, I’m particularly proud that we sold more than 90 million LED bulbs and lamps, not only enabling millions of households to cut on their energy bills, but also bringing significant energy savings.”
