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FY19 Annual Report released

FY19 Annual Report released
Corporate newsReports and summaries30 November 2019Last edited: 18 June 2021
In one of the most challenging years yet for retailers in Southeast Asia, we charged forward to transform our business and met more people than ever before in our IKEA stores and Ikano shopping centres. This report provides a snapshot of our financial results and highlights from our last year.

We launched e-commerce in Thailand, opened a new store in Malaysia, started up an interior design service in Singapore and advanced plans to enter two new mega markets: the Philippines and Mexico. We also built up Toppen in South Malaysia (opened with a bang in November 2019) and grew turnover in our existing centres by 34%. Take a look for more facts, figures and stories about our how we are creating a better everyday life for the many the people in Southeast Asia and beyond.