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Topic - Scandic Results Page 2

Scandic Results

Scandic Reports Q1 2021 Results

Net sales decreased by 72 percent to 930 MSEK (3,343). Average occupancy dropped to 17.5 percent during the quarter. Levels of activity were particularly low in the larger cities.









Scandic Results

Scandic Reports Year End 2018 Results

Net sales rose by 23.5% to 18,007 MSEK (14,582). Excluding the acquisition of Restel and currency effects, net sales increased by 6.0%. For comparable units, net sales went up 1.2%.


Scandic Results

Scandic Q2 Net Sales Up by 26 Percent

Net sales rose by 26% to 4,748 MSEK (3,770), driven by more rooms in operation, including the acquisition of Restel, as well as positive currency effects.