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A Note from the General Manager about Excursions

Swedish Furniture Maker IKEA Posts Record Profits


NPR's business news starts with IKEA's success building.

The largest furniture maker in the world is ending the week with a bang. Sweden's IKEA posted, today, a record profit for its 2010, 2011 fiscal year. Net profit was up more than 10 percent to $3.8 billion. The company saw its biggest gains in China, in Russia and in Poland. Transcript provided by NPR, Copyright NPR.