Scandic Results
Scandic Reports Net Sales Rose by 14.1 Percent to 21,935 Million SEK (19,230) for 2023
Scandic releases year end report 2023
Advertisement
Topic - Scandic Results
Scandic Results
Scandic Reports Q3 2023 Results
Net sales rose by 5.2 percent to 6,307 million SEK (5,994). Adjusted EBITDA1) was 1,173 million SEK (1,213).
Scandic Results
Scandic Reports Strong Quarter with High Activity and Positive Outlook for Q2 2023
Scandic delivered a strong second quarter with positive price development and RevPAR that reached a record 828 SEK compared with 749 SEK last year. Occupancy was in line with 2022 at 63 percent.
Scandic Results
Scandic Reports Full Year 2022 Results Invitation to Presentation of Scandic’s Year-end Report 2022
Stable 4th Quarter Ends a Strong Year
Scandic Results
Scandic Reports Best Quarter Ever For Q3 2022
Net sales rose by 60.5 percent to 5,994 MSEK (3,734), corresponding to an increase of 60.5 percent compared to the third quarter 2021.
Scandic Results
Scandic Results
Scandic Q1 2022 Net Sales Up by 194.0 Percent
Average occupancy rate was 39.1 percent compared with 17.5 percent during the first quarter last year.
Scandic Results
Scandic Reports 35 Percent Net Sales Increase for 2021
Scandic Reports Q4 and Full Year 2021 Results
Scandic Results
Scandic Reports Q3 2021 Results
Net sales rose by 79 percent to 3,734 MSEK (2,085). Average occupancy more than doubled, amounting to 55.1 percent compared with 27.1 percent during the previous quarter. The occupancy rate in the corresponding quarter last year was 36 percent.
Scandic Results
Scandic Reports Strong Results and Cash Flow for Third Quarter 2021
Scandic’s adjusted EBITDA for the third quarter was 709 MSEK. As a result of strong cash flow, Scandic’s net debt decreased by slightly more than 500 MSEK during the quarter.