Ikea’s tills ring up €2 million in sales per week at its Dublin store

HOME furnishings giant Ikea recorded average sales of more than €2 million per week at its Dublin store last year to record pre-tax profits of €11.4 million.

In accounts for its first full year at its Ballymun outlet, Ikea Ireland recorded revenues of €110.7m in 12 months to the end of August last. This compared to a turnover of €15.57m in the previous financial year which accounted for only 36 days following the store’s opening on July 27, 2009.

According to the directors’ report for 2010 the increase in turnover is due to the company trading for a full year for the first time this financial year.