Accounting principles
The Group applies International Financial Reporting Standards, IFRS, as endorsed by the EU.
The Parent Company applies the Annual Accounts Act and RFR 2 Accounting for legal entities, which means that IFRS is applied with certain exceptions and additions.
From January 1, 2019 IFRS 16 Leases replaced, which means that almost all of the Group's leasing contracts are reported in the balance sheet, as no distinction is made between operational and financial leasing agreements.

Latest press releases
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June 8, 2023 09:00 CEST
A sneak peek of new Scandic Go
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May 24, 2023 09:30 CEST
24 new industry talents graduate from Scandic’s leadership program
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May 9, 2023 15:02 CEST
Bulletin from Scandic’s annual general meeting 2023
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May 8, 2023 13:15 CEST
Laura Tarkka new Head of Scandic Hotels in Finland