ABOUT THE IKEA GROUP
Welcome inside our company
Vision and business idea
“To create a better everyday life for the many people”, this is the IKEA vision. Our business idea is “to offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them”.
We work hard to achieve quality at affordable prices for our customers through optimising our entire value chain, by building long-term supplier relationships, investing in highly automated production and producing large volumes. Our vision also goes beyond home furnishing. We want to create a better everyday for all people impacted by our business.
Investing for the future
“To create a better everyday life for the many people”, this is the IKEA vision. The main financial principle of the IKEA Group is to grow by using our own resources. In other words, we earn our money before we spend it. This makes it possible for us to make long-term investments for the future.
The IKEA vision is the foundation for our growth. We want to make sure that IKEA is accessible, so that more people can create a better everyday life at home. We re-invest a majority of our profits in existing and new IKEA stores, as well as in product development, sustainable solutions and by continuously lowering prices to our customers.
President and CEO Peter Agnefjäll talks about how IKEA Group plans to grow and develop.
People & Planet Positive
We are working towards having an overall positive impact on both people and the planet while we continue to grow. See more in People & Planet
IKEA Group at a glance FY15
Total sales FY15 €31.9 billion
Total sales translated into Euro increased by 11.2% compared with FY14, to €31.9 billion.
Billions of Euros
1.9 billion visits to IKEA.com
IKEA.com had 1.9 billion visits during FY15, up 21% from FY14.
The IKEA range consists of approximately 9,500 products. Every year we renew and refresh our range with around 2,500 products. We have 15 in-house designers and approximately 200 external designers via contracts.
IKEA Group has operations in 43 countries
As of 31 August 2015, we had a total of 328 stores in 28 countries; 27 Trading Service Offices in 23 countries; 33 Distribution Centres and 15 Customer Distribution Centres in 17 countries; 43 IKEA Industry production units in 11 countries. In total, we have 978 suppliers, including external suppliers.
771 million store visits
In FY15, IKEA Group store visits increased 7.7% over FY14.
In FY15, the IKEA Group had 978 home furnishing suppliers in 50 countries.
Europe: 107,400 Americas: 20,000Asia & Australia: 15,200 Russia: 12,400
213 million catalogues
213 million catalogues printed in 32 languages.
328 IKEA Group stores
In FY15, the IKEA Group opened 13 new stores in 9 countries. As of August 31, 2015, the IKEA Group had 328 stores in 28 countries.
Number of IKEA Group stores
IKEA FOOD €1.6 billion yearly turnover
IKEA Food is comprised of the IKEA Restaurant, IKEA Bistro, IKEA Swedish Food Market and the IKEA co-worker restaurant.
Our Group management
Top Row, left to right
Giny Boer, Retail region South & East Europe
Steve Howard, Sustainability
Claudia Willvonseder, Marketing and Com&In (Communication & Interior design)
Peter Agnefjäll, CEO & President
Gerard Groener, Centres
Marcus Baumgartner, Customer Fulfilment
Bottom Row, left to right
Karin Sköld, CEO Assistant
Stefan Sjöstrand, Commercial
Michael Ward, Retail region North America & Scandinavia
Petra Hesser, Human Resource
Mikael Palmquist, Retail region Asia Pacific
Olivia Ross Wilson, Corporate Communications
Jeanette Söderberg, Retail region Central & West Europe
Lotta Lyrå, Development & Expansion
Alistair Davidson, CFO
The IKEA Group of companies (INGKA Holding B.V. and its controlled entities) has an ownership structure that ensures independence and a long-term approach.
Stichting INGKA Foundation in the Netherlands is our owner, and its funds can be used in only two ways: it can be reinvested in the IKEA Group or donated for charitable purposes through the Stichting IKEA Foundation.
INGKA Holding B.V. is the parent company of the IKEA Group, located in Leiden, Netherlands. As per 31st August 2016, its Supervisory Board consists of: Lars-Johan Jarnheimer (Chairman); Stina Honkamaa Bergfors; Tore Bertilsson; Luisa Delgado; Jonas Kamprad; Göran Lindahl; and Lone Fønss Schrøder. Ingvar Kamprad, the founder of IKEA, is senior advisor to the Supervisory Board. The IKEA Group is led by its President and CEO, Peter Agnefjäll, together with Group Management.
The IKEA Group operates IKEA stores under franchise agreements with Inter IKEA Systems B.V., the owner of the IKEA Concept and the worldwide IKEA franchisor. Inter IKEA Systems B.V. is based in the Netherlands and owned by the Inter IKEA Group. Inter IKEA Group and IKEA Group are two separate groups of companies with different management and different owners.
The IKEA Group of companies
Ingvar Kamprad, Senior Advisor & Founder
“I decided that the stock market was not an option for IKEA. I knew that only a long-term perspective could secure our growth plans and I didn’t want IKEA to be become dependent on financial institutions.”
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PEOPLE & PLANET
For a sustainable future
We have a strong tradition of working with sustainability. Find out more information in our People & Planet section. Visit People & Planet
Get the latest news about IKEA, as well as download in-depth reports and information. Visit our Newsroom