IKEA Česká republika is a Czech Republic-based subsidiary of Sweden's IKEA Group. In 2013, there were two stores in Prague and one in Ostrava and Brno in the the Czech Republic.
Since 2004, the Company's sales have increased more than four-fold to CZK 7.4 bil in 2013. The net profit has been on the other hand declining to "only" CZK 176 mil in 2013, or ROE of only 7.6%.
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