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15-Dec-2018

2018 Annual Report from 18 December

FY18 Annual Report

IKEA Southeast Asia releases Our Year: FY18 Annual Report

At a time when many retailers are shrinking operations, IKEA Southeast Asia is growing and transforming its business to meet customers’ changing expectations.

Our FY18 Annual Report shares stories from behind the scenes as the region’s seven IKEA stores and IKEA-anchored shopping centres attracted 85 million visits and topped SGD 1 billion in total turnover for the first time. In Thailand, we opened the first IKEA store to be fully integrated with a shopping centre. In Malaysia, we started up ecommerce to bring products to people thousands of kilometres away from the nearest store. In Singapore, we launched the country’s first commercial solar cooling system. In the Philippines, construction started on what will be the largest IKEA store in the world. This report celebrates what we have achieved with our many business friends, non-profit partners, government authorities and many others who have supported our journey in Southeast Asia.