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THE IRISH DIVISION of Swedish flat-pack appliance behemoth Ikea has appear that it awash hundreds of millions of euro account of banal in its best contempo banking year.

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Ikea Ireland declared revenues of added than €167 actor in the 12 months to the end of August 2017, a 10% access on 2016′s tally.

The homeware behemothic – which stocks a accumulation of analogously bargain bedroom, kitchen and active allowance appliance and accessories – said that it now accounts for 8.4% of the Irish home capacity market.

The aggregation has not yet appear its abounding 2017 accounts, but it was sitting on accumulated profits of €27.3 actor by the end of August 2016.

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The aggregation attributed its advance to its advance in “improving accessibility for customers” and the aperture of an adjustment and accumulating point in Carrickmines, Ikea’s aboriginal amplification in Ireland back 2009.

According to Ikea, the new assemblage recorded added than 400,000 visits in its aboriginal year in operation.

Ballymun store

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That aggregation said that all-embracing footfall in Ireland was up by a third on 2015′s figure. It said that added than 4 actor visits were recorded at its flagship abundance in Ballymun.

Ikea said the abundance in Dublin’s northside is assuming acerb adjoin its all-around counterparts.

Out of all of Ikea’s added than 350 food in 29 countries, the Ballymun annex is the second-best in the ‘home decoration’ and third-best in the ‘lighting’ categories in agreement of all-embracing accumulation sales.

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Commenting on the banking results, Ikea Ireland bazaar administrator Claudia Marshall said: “We are appreciative to accomplish addition year of acknowledged advance in Ireland and authority our position as the baton in Ireland’s home accoutrement market.”

The aggregation said it had 705 agents during the latest banking period, which was up from an boilerplate of 567 bodies it had on its books in 2016. Wages and salaries averaged €27,132 per head, according to the aftermost set of accounts.

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