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Ikea reports S$1m dip in Singapore turnover to S$341m

Company says FY19 result is within expectations amid falling retail sales in Republic

Singapore

SWEDISH home retailer Ikea generated a turnover of S$341 million in Singapore for fiscal 2019 ended Aug 31, inching down 0.3 per cent or S$1 million from a year ago.

"The overall healthy and largely flat turnover was in line with our expectations," Corinna Schuler, head...

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