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Ikea's profit hit and it's not alone this Q3

Monday, November 12, 2018 - 01:42

The owner of the Ikea furniture brand has reported a drop in annual underlying profit, hit by higher woods and metal prices - and it's not alone. As Sonia Legg reports, European companies are delivering their most disappointing earnings in nearly three years as a sluggish economy and rising costs take their toll on bottom lines.

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The owner of the Ikea furniture brand has reported a drop in annual underlying profit, hit by higher woods and metal prices - and it's not alone. As Sonia Legg reports, European companies are delivering their most disappointing earnings in nearly three years as a sluggish economy and rising costs take their toll on bottom lines.

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Ikea's profit hit and it's not alone this Q3

Monday, November 12, 2018 - 01:42