Scandic has adopted the following medium- to long-term financial targets:
- Annual net sales growth of at least 5 percent on average over a business cycle, excluding potential M&A.
- An Adjusted EBITDA margin of at least 11 percent on average over a business cycle.
- A net debt in relation to Adjusted EBITDA multiple of 2-3x.
Latest press releases
- November 3, 2020 07:35 CET Scandic to take over hotel at Stockholm Arlanda Airport
- November 3, 2020 07:30 CET Scandic’s interim report Q3 2020 – Slow recovery
- October 26, 2020 08:30 CET Invitation to presentation of Scandic’s interim report for the third quarter 2020
- October 16, 2020 08:30 CEST Nomination Committee for Scandic’s AGM 2021 appointed