
Bilka is owned by Salling Group, which also operates, among others, Føtex, Netto, Salling, and BR. (Archive photo). Photo: Bo Amstrup/Ritzau Scanpix
Salling Group revenue hits DKK 70 Billion
Salling Group’s revenue increased to a record DKK 70.3 billion in 2023, a 5.7% growth despite consumers opting for cheaper goods due to inflation. Profit after tax rose to DKK 1.6 billion from DKK 972 million in 2022. The retail giant, owning chains like Bilka, Føtex, and Netto, invested DKK 1 billion to upgrade most Netto stores with the new 3.0 concept. The Group announced an imminent new strategy focusing on customers, colleagues, gender diversity, culture, and climate. With 1726 stores and restaurants in Denmark, Germany, and Poland, and 58,903 employees, Salling Group is committed to expanding its leadership in the market. It is owned by Salling Foundations, which donated DKK 244 million to charity last year.