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
- October 15, 2021 07:45 CEST Scandic reports strong results and cash flow for third quarter 2021
- September 22, 2021 08:15 CEST Scandic publishes prospectus and intends to apply for admission to trading on Nasdaq Stockholm of the convertible bonds issued in March 2021
- September 16, 2021 09:00 CEST Scandic continues to empower the leaders of tomorrow
- September 15, 2021 08:00 CEST Scandic comments on current market situation – positive development during summer & promising start to the autumn