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Ingka Group: Robust performance and accelerated investments in omnichannel and sustainability

For several weeks during the peak of the pandemic, Ingka Group had to close 75% of its IKEA stores. The company, however, still achieved a EUR 1.2 billion (EUR 1.8 billion FY19) net profit, and these resources will go back to the business. Capital expenditure amounted to EUR 2.1 […]

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