Is IKEA a publicly listed company?

Despite its massive growth, IKEA remains a privately-owned business, controlled through a complex multinational structure by members of their Kamprad family and their close associates.

Is IKEA a private limited company?

IKEA LIMITED is a Private limited company (Ltd.) company based in 100 AVEBURY BOULEVARD MILTON KEYNES, United Kingdom, which employs 9894 people. The company started trading on 1986-02-05. The company registration number is 01986283, It’s listed as Active.

Why is IKEA not publicly traded?

What is this? However, due to IKEA’s corporate structure, it is impossible to buy any amount of shares in the IKEA company, due to it being held exclusively by the INGKA Foundation, which prevents the company from being sold, or shares being put out to market.

Does IKEA have shareholders?

Today, all the IKEA stores (except the IKEA Delft store in the Netherlands, which is owned by Inter IKEA Systems B.V.) Inter IKEA Systems B.V. is the owner of the IKEA Concept and worldwide IKEA franchisor.

Is IKEA making profit?

However, IKEA India saw its net sales grow 64.68 per cent to Rs 566 crore in FY 2019-20 from Rs 343.7 crore in the previous fiscal. Its total revenue during 2019-20 fiscal was at Rs 665.6 crore, up 63.18 per cent, as against Rs 407.9 crore in the previous financial year. “India is an important market for IKEA.

Can you buy stock in IKEA?

However, due to IKEA’s corporate structure, it is impossible to buy any amount of shares in the IKEA company, due to it being held exclusively by the INGKA Foundation, which prevents the company from being sold, or shares being put out to market.

Is IKEA owned by one person?

Peter Kamprad is the chairman of the board and Jonas and Mathias are also board members. At the time of his death, Ingvar Kamprad was ranked No. 8 on Bloomberg’s Billionaires Index thanks to his control of a $58.7 billion Ikea fortune.

Is IKEA nonprofit?

IKEA has a little known secret: the company is a non-profit. IKEA employs 135,000 people in 44 countries. Because of tax breaks for non-profits, IKEA pays about 33 times less on taxes than their for-profit counterparts, a minuscule 3.5\% in taxes on its $27 billion in annual sales.