“In 2024, despite economic challenges and a slowing home furnishing market, Ikea Ireland remained committed to long-term, purpose-driven growth,” the directors state. “Rather than prioritising short-term profits, Ikea focused on increasing affordability, accessibility and sustainability to improve everyday life for more people. The business's operating profits decreased by 69pc from €22.44m to €7m. Numbers employed by Ikea Ireland increased by 12 from 732 to 744 as staff costs remained at €23.99m. Aggregate pay to directors increased from €271,466 to €342,284.

Source: Irish Independent January 20, 2026 17:54 UTC