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
- July 16, 2021 07:30 CEST Scandic’s interim report Q2 2021 – Recovery gaining momentum
- July 7, 2021 10:09 CEST Invitation to presentation of Scandic’s interim report for the second quarter 2021
- June 30, 2021 09:00 CEST Scandic rewards conscientious travelers - launches program to engage guests together with the Keep Sweden Tidy Foundation
- June 16, 2021 08:00 CEST Scandic takes Gothenburg to new heights – Scandic Göteborg Central set to open next year