It continues, but slows down the growth of Ikea. The 2013 financial year of the Swedish furniture giant closed last August with a net profit up by 3,1%, to 3,3 billion, slowing down compared to the growth recorded in the two previous years (respectively +10,3 % and +8%).
The same goes for the global turnover of the group, which recorded an annual growth of 3,2% (against +6,9% and +9,8% in the two previous years), however reaching a new historical record, at 28,5 billion euros.
The growth in the United States and in emerging countries, explains the note released by the group, favored Ikea's results, while in Europe, where the Swedish giant accounts for around 70% of its turnover, the situation is slowly improving.
In calculating the old continent, it is above all the difficulties encountered in Spain and Italy, where the turnover has fallen heavily due to the crisis. Italy, which in 2012 was the fourth most important market of the Ikea Group, has, in fact, fallen out of the Top five and has been overtaken by Russia and Sweden.
