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 315 stores in 27 countries*.

* As of August 31, 2014
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ABOUT THE IKEA GROUP: Business concept | Sustainable growth | Key figures | Organisation
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 the IKEA Group and learn all about our value chain.
ABOUT THE IKEA GROUP: Business concept | Sustainable growth | Key figures | Organisation
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
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 photo of a store co-worker organising 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
ABOUT THE IKEA GROUP: Business concept | Sustainable growth | Key figures | Organisation
A world map with the number of IKEA stores on four continents
IKEA Group at a glance 2014
North America 51 stores
Europe 222 stores
Asia 23 stores
Russia 14 stores
Australia 5 stores
Total sales EUR 28.7 billion
Stores 315 in 27 countries
Products About 9,500 in the range
Co-workers 147,000
Suppliers 1,002 home furnishing suppliers in 51 countries
Store visits 716 million
Web visits more than 1.5 billion
Catalogues 217 million printed in 30 languages
IKEA Food EUR 1.46 billion yearly turnover
Production 59% of our production is in Europe
Columns that illustrate our revenue in euros from 2003-2014
During the last five years (FY10-14), corporate income tax and other taxes amounted to more than €6.8 billion for the IKEA Group.
Total revenue in billions of euros 2003-2014. The IKEA Group total revenue includes sales of articles and the rental from our shopping centre operations.
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Watch our our short Yearly Summary film or Download the 2014 Yearly Summary PDF for a more detailed overview.
ABOUT THE IKEA GROUP: Business concept | Sustainable growth | Key figures | Organisation
Our group management
A group photo of the IKEA group managment team (8 people)
From left to right:
Martin Hansson, Retail & Expansion
Petra Hesser, Human Resources
Jesper Brodin, Range & Supply
Steve Howard, Sustainability
Peter Agnefjäll, President and CEO
Helen Duphorn, Corporate Communications
Leif Hultman, IKEA Industry
Alistair Davidson, CFO
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President and CEO Peter Agnefjäll talks about how IKEA Group plans to grow and develop.
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: 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, Netherlands, the parent company of the IKEA Group, per 15 January 2015, consists of: Lars-Johan Jarnheimer (Chairman); Tore Bertilsson; Luisa Delgado; Lone Fønss Schrøder; Stina Honkamaa Bergfors; Jonas Kamprad; and Göran Lindahl. 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 throughout the whole value chain from range strategy and product development to production, distribution and retail. This includes our own manufacturing units, trading service offices, customer distribution centres and 315 stores in 27 countries. In total, the IKEA Group has operations in 42 countries.
The IKEA Group franchises the IKEA retail system 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 organisational 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.

* Replaced Göran Grosskopf as new chairman of the IKEA Group from January 2015.
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.”
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
A photo of IKEA recycling solutions
Latest news
Get the latest news about IKEA, as well as download in-depth reports and information. Visit our Newsroom