Inter IKEA Group announces total revenues of EUR 26.3 billion for financial year 2025 (FY25) compared to EUR 26.5 billion in FY24. Sales volumes are up while gross margin is back to normal levels, following the continued effect of wholesale price decreases in FY24. This planned development supports the IKEA affordability ambitions.
After 20 years at IKEA – including leading the IKEA Franchisor from 2018 and CEO of Inter IKEA Group since 2020 – Jon Abrahamsson Ring is handing over to Jakub Jankowski, currently Managing Director for IKEA Industry. Jakub will step into the role as CEO of Inter IKEA Group on 1 January 2026.
Inter IKEA Group includes the business operations of Retail Concept, Range, Supply and certain industry activities. In Financial Year 2025 (FY25) Inter IKEA Group recorded total revenues of EUR 26.3 billion (EUR 26.5 billion in FY24), including wholesale sales to IKEA retailers, franchise fees and retail sales from the IKEA Delft store and IKEA Retail Baltics.
The Inter IKEA Group FY25 is the period from 1 September 2024 to 31 August 2025.
