The Swedish homewares retailer reported a 5% increase in sales to €36.7bn (£32.4bn) for its 2019 financial year, in what it described as a “fast-changing retail environment”.

The retailer reported that its online sales jumped by 46%, which saw it amount to 11% of total sales in the financial year.

Ikea stores saw more than 839 million visits around the world, while visits to Ikea.com increased 10% to nearly 2.6 billion.