We began 2023 with higher costs all along our value chain, together with inflation, high interest rates and a cautious consumer sentiment affecting our overall retail business.
To answer this challenge, we leaned on our vision of creating a better everyday life for the many people.
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Kind regards,
Christian Rojkjaer
Ikano Retail CEO
Through our omnichannel experience we create a better everyday life in Singapore, Malaysia, Thailand, Mexico and the Philippines, offering well-designed, functional home furnishing products at prices so low that as many people as possible are able to afford them. Our Ikano Centres, anchored by IKEA, are retail destinations at the heart of our communities. We also invest in real estate to develop places for people to live, work and play. We are the only franchisee owned by the family of Ingvar Kamprad, who founded IKEA in 1943. Learn more about our business at group.ikano
Our Turnover
Ikano Retail
(IKEA Stores and Ikano Centres combined)
2010-2023 Financial Years
Here's how each of our countries contributed to our total turnover:
September 2022 to August 2023
{{ card.percent }} to FY22
Even in the most challenging of times, we have inspired each other to find solutions and achieve good results with small means.
(that’s Swedish for ‘thanks’)
to our customers, partners, government agencies and many others in our communities for always willing to solve with us.
Even in the most challenging of times, we have inspired each other to find solutions and achieve good results with small means.
(that’s Swedish for ‘thanks’)
to our customers, partners, government agencies and many others in our communities for always willing to solve with us.
Ikano Pte Ltd (Registration No. 198004112M)
