Ikano Retail FY23 Annual Report

Our FY23 annual report looks back at a year where we’ve moved steadily forward despite tough economic times. We reached a record 120 million visits at our stores and centers, increased total turnover by 2.1 percent to EUR 1.08 billion, and grew our Ikano Retail family to 5,254 co-workers.

Click here for our FY23 Annual Report.

About Ikano Retail

Ikano Retail is one of 12 IKEA franchisees. 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.