Inter IKEA Group performance

Inter IKEA Group includes the business operations of the IKEA Franchisor, Range, Supply and certain Industry activities. IKEA franchisees purchase products from Inter IKEA Group companies and pay a franchisee fee based on retail sales. Inter IKEA Group itself reached total revenues of EUR 23.7 billion (including wholesale sales to retailers, franchise fees and the retail sales of the IKEA Delft store) and a net profit of EUR 1.7 billion in FY20.