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
- 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