Financial risks
The Group’s activities expose it to a variety of financial risks: market risk (including currency risk and interest rate risk), credit risk and liquidity risk.
The Group’s overall financial policy focuses on the unpredictability of the financial markets and seeks to minimize potential adverse effects on the Group’s financial result.
Risk management is handled by Group Finance in accordance with policies established by the Board of Directors. These include overall risk management as well as risk management for specific areas such as currency risk, interest rate risk, credit risk, the use of derivatives and non-derivative financial instruments and investment of excess liquidity. Group Finance identifies, evaluates and hedges financial risks in close collaboration with the Group’s operating units.
Latest press releases
-
May 24, 2023 09:30 CEST
24 new industry talents graduate from Scandic’s leadership program
-
May 9, 2023 15:02 CEST
Bulletin from Scandic’s annual general meeting 2023
-
May 8, 2023 13:15 CEST
Laura Tarkka new Head of Scandic Hotels in Finland
-
April 27, 2023 07:32 CEST
Scandic enters economy segment – first Scandic Go hotel to open after summer