IKEA Italia Retail Srl, the Italian subsidiary of the Swedish furniture giant, reported a production value of €2.246 billion in 2024, according to data released by the Ufficio Camerale.
The company, headquartered in Carugate, Milan, saw a slight increase in production value compared to the €2.242 billion reported in 2023. Costs of production for 2024 totaled €2.103 billion, whereas net profits reached €109.1 million. These figures represent a continuation of growth, following a production value of €2.006 billion in 2022.
IKEA Italia Retail Srl’s financial performance also showed a cashflow of €184.488 million, total credits of €86.302 million, and total debts of €379.073 million. The company’s net equity stood at €595.279 million at the end of 2024.
Established between 21 and 30 years ago, the company operates under the legal form of a limited liability company (Società a Responsabilità Limitata). Its primary business activity, classified under the ATECO code 47.55.1, is the retail sale of furniture for the home.
The company’s partita IVA (VAT number) is 02992760963, and its fiscal code is 11574560154. The Agenzia delle Entrate provides a service for verifying partita IVA numbers.
IKEA for Business offers dedicated support to business clients, providing quotes for both large and small quantities, space planning, and purchase guidance, according to information available on the IKEA website.