Press releases

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November 2016

Scandic’s interim report Q3 2016 – Continued strong growth and positive development in earnings

Scandic’s interim report Q3 2016 – Continued strong growth and positive development in earnings

Third quarter 2016 in summary RevPAR LFL grew by 7.7%, driven by higher occupancy­ and increased average room rates. Net sales LFL rose by 5.7% due to continued strong underlying demand. Net sales...

August 2016

Scandic’s interim report Q2 2016 – Strong results with improved margins

Scandic’s interim report Q2 2016 – Strong results with improved margins

Second quarter 2016 in summary Adjusted EBITDA grew by 31.3% to 470 MSEK (358)­ corresponding to a margin of 13.6% (11.3%). The improved margin­ is the result of strong revenue growth and...

May 2016

Scandic’s interim report for the first quarter 2016 – Positive start to the year and good underlying demand

Scandic’s interim report for the first quarter 2016 – Positive start to the year and good underlying demand

First quarter 2016 in summary. Results for the quarter were impacted by this year’s Easter holiday that fell entirely during the month of March. LFL RevPAR grew 1.7% driven by greater occupancy....

February 2016

Scandic’s year-end report 2015

Scandic’s year-end report 2015

Strong financial results for Scandic. Fourth quarter 2015 in summary. RevPAR grew 3.5%. LFL, RevPAR increased 7.5% as a result of higher occupancy and average room rates. Net sales increased by 1.1%...