IKEA Hungary sales edge up to HUF 34.2 billion in 2011/12
Sales of Swedish home furnishings company IKEA in Hungary edged up 1% to HUF 34.2 billion in the business year ended August 31, IKEA regional director Marek Feltl said at a press conference in Budapest on Wednesday. IKEA stores in Hungary drew 4.6m visitors during the period. The number who purchased fell 2% to 2.5 million. The company's profit margin in Hungary was 2% in the 2011/12 business year, Feltl said, answering a question.
ADVERTISEMENT
KSH Dismisses Reports of Eurostat 'Investigation'
Hungarian-American Business Chamber Established in Chicago
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
