Ikea France: The latest figures, news and market research on Ikea France

Turnover: 3.8 billion EUR (2023)

Country: France

Ikea is a multinational company founded in the province of Småland (Sweden) in 1943 by Ingvar Kamprad and headquartered in Sweden.
It manufactures and retails contemporary furniture, homewares and other decorative objects.
In 2015, IKEA had 328 stores in 28 countries and 155,000 employees
Ikea is the market leader in France with 34 stores and a market share of around 18%, ahead of Conforama 16% and But 13%(LSA).
After 70 years of success, Ikea has decided to stop publishing its catalog

Ikea to test its own website for second-hand sales between private individuals 26/08/2024

- Testing of the marketplace in Oslo and Madrid until the end of the year to enable consumers to sell and buy Ikea furniture between private individuals.
-Ikea is stepping up its digital efforts and developing services linked to the second life of furniture, already offering customers the chance to resell their furniture and objects with dedicated spaces in stores.
- The marketplace will operate solely online and between consumers, with the assistance of artificial intelligence for the addition of promotional images.
- Ikea products have a higher market share in the second-hand sector than in new furniture sales
- The seller can choose between paying the requested amount or obtaining a voucher for a new purchase at Ikea with a 15% bonus
- The online service is free of charge, but a token fee could be considered depending on results and the economic validity of the model.

Ikea builds two logistics centers in France 29/05/2023

Construction of two logistics centers in Toulouse (opening in 2023) and Limay (opening in 2026)
Investment of 1.2 billion euros between 2023 and 2026
Ikea has 5 logistics centers and 36 stores in France
Ikea sales in France in 2022: 3.28 billion euros

october 15, 2020 - Ikea faces covid - Source(LSA)

Ikea sales down 7% in France to August 31, 2020
Despite a 44% increase in online sales
Nevertheless, the company intends to invest 250 million euros in France over the next 2 years.
number of stores in France: 34
Number of employees in France: 11,307
Number of customer deliveries in France: 2 million
Number of store visits: 53 million
Online sales now account for 15.4% of total sales.

DUNS: 351745724

Legal Name: MEUBLES IKEA FRANCE

Address: 425 RUE HENRI BARBUSSE , 78370 PLAISIR

Number of employees: Plus de 10 000 salariés (2021)

Capital: 8 840 000 EUR

Financial Data:

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015
Turnover	3 823 811 914	3 285 352 020	2 893 489 470	2 803 014 899	3 006 553 751	2 836 574 877	2 756 455 459	2 687 114 859	2 455 695 046
Gross margin (€)	1 704 125 667	1 473 213 854	1 323 749 959	1 259 080 057	1 327 339 430	1 252 908 656	1 179 869 239	1 123 277 168	1 006 452 359
EBITDA (€)	257 850 848	162 887 469	12 014 275	22 487 616	154 500 437	145 812 647	157 243 773	124 709 109	89 135 238
Operating profit (€)	233 511 097	150 532 567	25 644 433	6 857 222	120 737 670	122 587 600	133 879 105	107 109 802	66 234 148
Net profit (€)	147 867 475	89 239 068	27 193 376	-26 604 450	75 687 444	73 835 061	77 498 629	64 332 778	43 052 831
Turnover growth rate (%)	16,4	13,5	3,2	-6,8	6	2,9	2,6	9,4	-
Ebitda margin rate (%)	6,7	5	0,4	0,8	5,1	5,1	5,7	4,6	3,6
Operating margin rate (%)	6,1	4,6	0,9	0,2	4	4,3	4,9	4	2,7
Working Capital (turnover days)	17,4	25,2	38,2	39,7	43,9	36,7	27,6	18,1	9,3
Working Capital requirements (turnover days)	-10,7	-14,9	-24,7	-31,4	-10,9	-11,5	-18,8	-17,4	-18,7
Net margin (%)	3,9	2,7	0,9	-0,9	2,5	2,6	2,8	2,4	1,8
Added value / Turnover (%)	23,4	22,9	20,1	19,2	22,3	23,3	23,9	23,5	22,7
Wages and social charges (€)	497 691 768	462 302 758	448 390 188	401 451 236	397 952 242	396 931 266	383 453 504	389 309 092	359 297 394
Salaries / Turnover (%)	13	14,1	15,5	14,3	13,2	14	13,9	14,5	14,6