By Business & Finance 
Total sales at IKEA Group increased by 11.2% from last year to €31.9bn, the company announced today.
Together with the rental income from the shopping centre business, total revenue amounted to €32.7bn, up 11.5% from 2014.
While the growth is well distributed across most markets, Germany shows record growth, with southern Europe also seeing a positive development. The newest IKEA market, South Korea, has performed above expectations.
The company also made investments in an attempt to tackle climate change, such as in the shift to 100% LED in IKEA lighting range.
Peter Agnefjäll, president and CEO, IKEA, said: “We have a great year behind us and have invested considerably in sustainability, in creating a better offer as well as being more accessible. Action on climate change is both a driver for innovation and an opportunity to make our business even better, by for instance enabling our customers to live a more sustainable life at home. In the past year, I’m particularly proud that we sold more than 90 million LED bulbs and lamps, not only enabling millions of households to cut on their energy bills, but also bringing significant energy savings.”
