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.

Contact

Åsa Wirén
Chief Financial Officer

Henrik Vikström
Director Investor Relations
+46 709 52 80 06

Latest press releases

• May 23, 2022 13:00 CEST Scandic Oceanhamnen now open – sustainability plays leading role from quay to rooftop terrace
• May 10, 2022 12:40 CEST Bulletin from Scandic’s annual general meeting 2022
• April 28, 2022 11:55 CEST Scandic to open third hotel in Tromsø
• April 27, 2022 07:30 CEST Scandic’s interim report Q1 2022

Events

• June 17, 2022 Silent period Q2, 2022
• July 15, 2022 Q2 Report, 2022
• September 27, 2022 Silent period Q3, 2022