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AP Møller-Maersk on the way out of the doldrums

Stephen Gadd
May 11th, 2017


This article is more than 7 years old.

There is finally light at the end of the tunnel for AP Møller-Maersk

CEO Søren Skou hopes it will be plain sailing from now on (photo: pete)

First-quarter figures released by Maersk reveal that two years of continuously declining quarterly results have finally been halted.

For each of the previous nine quarters, the company had made a profit lower than the corresponding three months in the year before, but in the first quarter of 2017 things have changed, with a profit of over 9 billion dollars.

READ ALSO: Søren Skou appointed new CEO of Maersk Group

“While we can’t be satisfied with the overall profitability of the first quarter, the result is as expected, and we maintain our expectations for the year,” the chief executive Søren Skou wrote in the accounts.

“In accordance with our ambitions to stimulate growth once again in our business, for the first time since the third quarter of 2014 our profits have increased, seen over the year.”

The net group profit for the quarter was 253 million dollars (1.73 billion kroner), a jump from 224 million dollars (1.5 billion kroner) the year before.


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Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

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At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”