COMPANY INFORMATION

Welcome inside our company

A father preparing breakfast in the kitchen with his young son
We are a values-driven company with a passion for life at home. Every product we create is our idea for making home a better place. At the IKEA Group, we have 328 stores in 28 countries*.
* As of August 31, 2015
Download reports in our NewsroomRead the 2015 Yearly Summary (PDF)Cover of the 2015 Yearly Summary.
COMPANY INFORMATION: Business concept | Sustainable growth | Key figures |
BUSINESS CONCEPT
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.
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Find out how we work at IKEA and learn all about our value chain.
COMPANY INFORMATION: Business concept | Sustainable growth | Key figures |
SUSTAINABLE GROWTH
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.
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President and CEO Peter Agnefjäll talks about how IKEA Group plans to grow and develop.
3 growth areas
GROWTH AREAS
Two LAMPAN table lamps with one without it's lampshade.
Quality products at low prices
To reach many people, our products must be of good quality and affordable. We design with our customers’ needs in mind. Read about our process in Democratic Design
Father cooking at kitchen island. Daughter sat on a bench built into the island.
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
A photo collage of different IKEA co-workers.
When people grow, IKEA grows too
Our co-workers are essential for our continued growth. We see every person as a talent with the possibility to develop. Find out more in Working at the IKEA Group
COMPANY INFORMATION: Business concept | Sustainable growth | Key figures |
KEY FIGURES
IKEA Group at a glance FY15
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Total sales FY15 €31.9 billion
Total sales translated into Euro increased by 11.2% compared with FY14, to €31.9 billion.

14.8
FY05
Billions of Euros
FY14
FY15
28.7
31.9
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1.9 billion visits to IKEA.com
IKEA.com had 1.9 billion visits during FY15, up 21% from FY14.
Birds eye view of a chair.
9,500 Products
The IKEA range consists of approximately 9,500 products. Every year we renew and refresh our range with around 2,000 products. We have 20 in-house designers and approximately 200 external designers via contracts.
IKEA Group has operations in 43 countries
Excluding our stores, at the end of FY15 we had 27 Trading Service Offices in 23 countries, 33 Distri­bution Centres and 15 Customer Distribution Centres in 17 coun­tries, and 43 IKEA Industry pro­duction units in 11 countries.
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771 million
store visits
In FY15, IKEA Group store visits increased 7.7% over FY14.
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978 suppliers
In FY15, the IKEA Group had 978 home furnishing suppliers in 50 countries.
Dark grey background with a happy IKEA co-worker.
155,000 co-workers
Europe: 107,400
Americas: 20,000
Asia & Australia: 15,200
Russia: 12,400
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213 million catalogues
213 million catalogues printed in 32 languages.
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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.
196
Number of IKEA Group stores
FY05
FY14
FY15
315
328
Meatballs, mashed potatos and lingonberries on a white plate.
IKEA FOOD €1.57 billion
yearly turnover
IKEA Food is comprised of the IKEA Restaurant, IKEA Bistro, IKEA Swedish Food Market and the IKEA co-worker restaurant.
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Total revenue 2004–2015
35
30
25
20
15
10
5
0
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
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Watch our our short Yearly Summary film or Download the 2015 Yearly Summary PDF for a more detailed overview.
COMPANY INFORMATION: Business concept | Sustainable growth | Key figures | Organisation
ORGANISATION
Our Group management
A group photo of the IKEA group managment team (9 people)
Back row:
Lotta Lyrå, Strategy, Process, Organisation development and IT Manager
Peter Agnefjäll, President & CEO
Leif Hultman, IKEA Industry Manager
Alistair Davidson, Chief Finance Manager
Middle row:
Jesper Brodin, Range and Supply Manager
Petra Hesser, HR Manager
Front row:
Martin Hansson, Retail & Expansion Manager
Helen Duphorn, Corporate Communication Manager
Steve Howard, Chief Sustainability Manager
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 2015, 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 operates throughout the whole value chain from range strategy and product development to production, distribution and retail. This includes our own manufacturing units, purchasing operations offices, distribution and customer distribution centres, shopping centres and 328 stores in 28 countries. In total, the IKEA Group has operations in 43 countries.
The IKEA Group of companies
Stichting INGKA Foundation Owner of the IKEA Group
Ingvar Kamprad in the self-service warehouse of an IKEA store
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.”