The profit IKEA International Group failed twice

The net profit IKEA International Group following the results of 2022 fiscal years fell twice, to €710 million the Net profit IKEA International Group following the results of 2022 fiscal years failed twice — to 710 million euros against 1,4 billion euro last year, corporations testify given to financial statements. Thus the revenue of the Swedish retailer grew by 7,7 percent, to 27,58 billion euro in comparison with 25,615 billion in 2021. company explains decrease in profit first of all with growth of expenses for purchases raw materials and transportation of goods. From reportings also follows that IKEA International Group reduced the personnel at the four Russian plants...