Salling Companies News

In Q3, the revenue of A.P. Møller - Mærsk A/S’ continuing operations increased by 14% year on year driven by higher freight rates in Maersk Line. The underlying profit was USD 248m, with an improvement of USD 290m in Transport & Logistics and a decline of USD 15m in Energy. For A.P. Møller - Mærsk A/S, the third quarter of the year was a defining quarter of major change, where strong and viable solutions were found for Maersk Oil and Maersk Tankers. Furthermore, today A.P. Møller - Mærsk A/S has announced that the Salling Companies will acquire the remaining 19% shares in the Dansk Supermarked Group. A.P. Møller - Mærsk A/S’ now expects a positive underlying profit (loss of USD 546m).

Following a 50 year partnership between A.P. Moller -Maersk and the Salling Group the two parties today agreed to hand over the majority stake in Dansk Supermarked Group (Dansk Supermarked A/S and F. Salling A/S) to the Salling Companies (F. Salling Invest A/S og F. Salling Holding A/S). The Salling Companies acquire 48.68% of shares in Dansk Supermarked A/S and 18.72% of shares in F. Salling A/S. Five years after closing of the transaction the Salling Companies havea call option on the remaining 19% stake in Dansk Supermarked Group owned by A.PMoller –Maersk.A.P.