ABOUT THE IKEA GROUP

Welcome inside our company

A father cooking in the kitchen with his two young sons
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 298 stores in 26 countries.
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COMPANY INFORMATION: Business concept | Sustainable growth | Key figures | Organization
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 optimizing 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 the IKEA Group and learn all about our value chain.
COMPANY INFORMATION: Business concept | Sustainable growth | Key figures | Organization
SUSTAINABLE GROWTH
Investing for the future
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.
A father with his young daughter looking at an IKEA PS 2012 pendant lamp at the IKEA store.
3 growth areas
GROWTH AREAS
A stack of white IKEA PS VÅLLÖ water cans in a cardboard box
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
Two workmen installing solar panels on the roof of an IKEA store
People & Planet Positive
We are working towards having an overall positive impact on both people and the planet while we continue to grow. Go see more in People & Planet
A co-worker organizing curtains at an IKEA store
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
A world map with the number of IKEA stores on four continents
KEY FIGURES
IKEA Group at a glance 2013
North America 49 stores
Europe 227 stores
Russia 14 stores
Asia 17 stores
Australia 5 stores
Total sales EUR 27 billion
Stores 298 in 26 countries
Products About 9,500 in the range
Co-workers 139,000
Suppliers 1,084 home furnishing suppliers in 53 countries
Store visits 690 million
Web visits more than 1 billion
Catalogues 187 million printed in 22 languages
IKEA Food EUR 1.3 billion yearly turnover
Production Approximately two-thirds of our production is in Europe
In 2013* we opened five new stores in four countries, and gained market share in most markets. Some of the strongest growth was in Russia and China, and there was also significant progress in North America and Poland.
* Period between September 1, 2012 to August 31, 2013
Columns that illustrate IKEA revenue in euros from 2009-2013
TOTAL REVENUE IN BILLIONS OF EUROS 2009-2013. The IKEA Group total revenue includes sales of articles and the rental income from our shopping center operations.
21.8
23.5
25.2
27.6
28.5
2009
2010
2011
2012
2013
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Watch our our short Yearly Summary film or Download the Yearly Summary PDF for a more detailed overview.
COMPANY INFORMATION: Business concept | Sustainable growth | Key figures | Organization
ORGANIZATION
Our Group management
A group photo of the IKEA group managment team (8 people)
From left to right:
Martin Hansson, Retail & Expansion
Jesper Brodin, Range & Supply
Petra Hesser, Human Resources
Steve Howard, Sustainability
Peter Agnefjäll, President and CEO
Leif Hultman, IKEA Industry
Helen Duphorn, Corporate Communications
Alistair Davidson, Head of Staff
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The IKEA Group of companies
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 based in the Netherlands is the owner of INGKA Holding B.V. (and The IKEA group) and its funds can only be used in two ways, either reinvested in the IKEA Group or, donated for charitable purposes through the Stichting IKEA Foundation.
The Supervisory Board of Ingka Holding B.V. (located in Leiden, the Netherlands and the parent company of The IKEA Group) consists of Göran Grosskopf (Chairman), Luisa Delgado, Stina Honkamaa Bergfors, Lars-Johan Jarnheimer, Jonas Kamprad, Göran Lindahl, Peter Lund and Carl Wilhelm Ros. Ingvar Kamprad is senior advisor to the Supervisory board.
The IKEA Group is led by President and CEO, Peter Agnefjäll together with the management group. The IKEA Group operates throughout the whole value chain from range strategy and product development to production, distribution and retail. This includes manufacturing units, trading offices, customer distribution centers and 303 stores in 26 countries.
The IKEA Group franchises the IKEA retail system and methods from Inter IKEA Systems B.V. in the Netherlands. Inter IKEA Systems B.V. is the owner of the IKEA Concept and the worldwide IKEA franchisor.
An organizational chart of the IKEA Group
The IKEA Group operates throughout the whole value chain from range strategy and product development to production, distribution and retail.
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.”
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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
IKEA recycling solutions
NEWSROOM
Latest news
Get the latest news about IKEA, as well as download in-depth reports and information. Visit our Newsroom