IKEA Lifts Lid on Full-Year Earnings

[elltel]

http://online.wsj.com/article/SB10001424052748703859204575525782931781118.html

 

and report...

 

http://www.ikea.com/ms/en_GB/pdf/annual_report.pdf

 

 

 

 

[alwaysinvert]

Great, thanks. Should be a good read.

 

Fun fact: I live only 1.5h away from the first IKEA store, and visit it quite regularly. Even though I, as a young male find it a huge bore (:P) to spend a day at IKEA, it is a truly marvellous business and no wonder that Buffett has been rumoured to be interested for many years.

[Baoxiaodao]

Very respectful company. Thank you very much to bring it up here.

We would be a lot better off if we can have more of those businesses and less financial middleman -  and less lies.