Market share was up 0.5%, bringing the retailer one step closer to its ambition of increasing overall market share to 15% by 2027.
The firm is celebrating its 30th anniversary in the UK this year.
A new website has also been launched during the recent financial year, with online now accounting for 15% of total sales.
“In addition to our global acquisition of TaskRabbit, we also launched click-and-collect in all order and collection points,” added Gillian Drakeford, Ikea’s UK retail manager.
The firm added 1,000 new jobs during the year, bringing worker numbers to 10,900. Some 850 jobs will be added when the two new stores open this year.