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
- February 17, 2021 07:30 CET Scandic’s year-end report 2020 – Expected recovery after a challenging 2020
- February 5, 2021 09:29 CET Invitation to presentation of Scandic’s year-end report 2020
- January 15, 2021 08:25 CET Scandic comments on market situation and ongoing rent negotiations
- January 11, 2021 09:30 CET Scandic Arlandastad opens its doors