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Price cuts, US tariffs see Ikea annual profits drop

By Josh White

Date: Friday 07 Nov 2025

(Sharecast News) - Sweden's Inter IKEA Group reported a sharp drop in annual profit for the 2025 financial year on Friday, as price cuts aimed at boosting affordability and rising US tariffs weighed on margins, though sales volumes increased across its global retail network.
Operating profit fell 26% to €1.7bn for...

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