2021, Europe’s largest maker of kitchen furniture, saw its net sales increase 8 percent year on year to 13.7 billion Swedish kronor ($1.3 billion) . Organic growth was 9 per cent and increased in all regions, in part because of lower comparable data for the previous year affected by the new crown disease. Gross margin climbed to 38.5 per cent and operating margin climbed to 7.4 per cent, while the value and volume of orders increased, offset by higher raw material costs and currency fluctuations. Much of the investment has gone to new high-tech factories in Jönköping Municipality, Sweden. Individually, the Central European market was hit by further restrictions on the new coronavirus, but sales rose by 12 per cent to SKR1.3 BN ($130M) , while sales in the Scandinavian Peninsula region were also better, sales rose 10 per cent to SKR7.3 BN (about $710m) , while the UK market was less stable with organic growth of just 6 per cent to SKR4.9 BN (about $470m) .