Scandic

Book a hotel

undefined

Financial overview

Between 2015 and 2019, Scandic’s net sales grew by around 55 percent thanks to good organic growth combined with contribution from the acquisition of Finnish Restel that was completed in December 2017. The adjusted EBITDA-margin has been relatively stable during the period and Scandic has shown a good ability to generate cash flow.

Five-year summary

MSEK20192018201720162015
Financial key ratios – income statement     
Net sales18 94518 00714 58213 08212 192
Net sales growth, %5,223,511,57,312,6
Net sales growth, LFL %1,51,24,76,67,3
Adjusted EBITDA2 0461 9571 5731 5131 246
Adjusted EBITDA margin, %10,810,910,811,610,2
EBIT (Operating profit/loss)2 144983925925613
Operating margin (EBIT), %11,35,56,37,15,0
Profit/loss for year attributable to Parent Company721674707879117
Profit/loss excl. effect of finance leases942700711882120
Financial key ratios – Financial position     
Balance sheet total43 50917 73716 96414 14412 900
Equity6 6017 8067 3567 1036 205
Working capital-1 972-1 575-1 501-1 161-1 132
Interest-bearing net liabilities3 4973 8373 6292 7093 355
Interest-bearing net liabilities/adjusted EBITDA1,72,02,31,82,7
Cash flow from operating activities5 0671 7231 5441 6091 186
Free cash flow782263-629789180
Key ratios per share     
Average number of shares after dilution103 036 484103 075 976103 003 004102 457 83781 826 211
Earnings per share, SEK7,016,546,868,581,43
Earnings per share, SEK, excl. effect leases9,156,806,868,581,43
Earnings per share, SEK. excl effect leases & items affecting comparability7,497,877,046,852,70
Equity/share, SEK64,175,471,469,375,8
Hotel-related key ratios     
RevPAR (Revenue Per Available Room), SEK707683680643601
ARR (Average Room Rate), SEK1 0711 0451 012976934
OCC (Occupancy), %66,065,367,165,964,4
Number of rooms at year-end52 75551 69342 65941 57240 920