IKEA Singapore revenue hit $341m in FY2019

IKEA Southeast Asia revenue grew by 20% to $1.21b for the same period.

The Singapore branch of Swedish furniture retailer IKEA generated $341m in revenue for the fiscal year ending 31 August, according to the company’s financial results.

This was partly attributed to the enormous sales of BILLY bookcases which amounted to 113,000 units.

IKEA Singapore also highlighted its first in-store design services touchpoint which was opened in its Alexandra branch. The company also partnered with the National Environment Agency to support the campaign towards zero waste.

In total, IKEA’s Southeast Asian revenue hit $1.21b for the same fiscal year, up 20% from last year.

Photo taken from Wikimedia Commons.

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