IKEA Ireland's 2022 pre-tax profits increased 82% to €23.49m, leading to dividend increase and expansion plans.
IKEA Ireland's pre-tax profits rose by 82% to €23.49m in 2022, with revenues increasing by 16.5% to €252.42m. This has led the company to increase its dividend payout from €3m to €11m and plan further expansion. Following the success of three Plan & Order Points opened in Drogheda, Cork, and Portlaoise, IKEA plans to open many more around Ireland in the next couple of years, with plans for additional locations in 2024.
June 30, 2024
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