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Ikea earnings fall 8 per cent

SWEDISH furniture giant IKEA saw its pre-tax profit drop eight per cent last year to £90.2 million.

But sales at the group, which has a store at Straiton, rose two per cent to 1.09bn, according to its latest accounts. The group, which is in the middle of a 760m expansion programme, does not detail trading at individual outlets.


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Wednesday 15 February 2012

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