Scandic Hotels Group Logo

Scandic Hotels Group

ISIN: SE0007640156 | Ticker: SHOT | LEI: 529900JY9ZBGUXGRKQ86
Country: Sweden

About Scandic Hotels Group

Company Description

Scandic has the largest and widest network of hotels in the Nordic market, which creates a unique offering for our guests and customers. We have a strong focus on sustainability and more than 200 of our hotels are certified by the Nordic Swan Ecolable

Scandic is the largest nordic hotel operator with a network of about 280 hotels with 58,000 rooms in operation and under development in six countries. We have a strong focus on sustainability and more than 200 of our hotels are certified by the Nordic Swan Ecolabel.

Year founded

1963

Served area

Europe

Headcount

19,000

Headquarters

Sveavägen 167, 10233 Stockholm – Sweden

Financial statements

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Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 38,283,000,000.00 44,755,000,000.00 50,948,000,000.00
Noncurrent Assets N/A 37,553,000,000.00 43,430,000,000.00 48,960,000,000.00
Land And Buildings N/A 25,762,000,000.00 31,251,000,000.00 N/A
Other Property Plant And Equipment N/A 4,625,000,000.00 4,497,000,000.00 4,406,000,000.00
Goodwill N/A 3,737,000,000.00 3,914,000,000.00 4,180,000,000.00
Brand Names N/A 2,835,000,000.00 2,843,000,000.00 2,855,000,000.00
Other Intangible Assets N/A 115,000,000.00 128,000,000.00 154,000,000.00
Investments In Associates N/A 20,000,000.00 21,000,000.00 23,000,000.00
Other Noncurrent Receivables N/A 47,000,000.00 40,000,000.00 32,000,000.00
Deferred Tax Assets N/A 405,000,000.00 729,000,000.00 579,000,000.00
Noncurrent Investments Other Than Investments Accounted For Using Equity Method N/A 6,000,000.00 7,000,000.00 6,000,000.00
Current Assets N/A 730,000,000.00 1,325,000,000.00 1,988,000,000.00
Raw Materials N/A 90,000,000.00 108,000,000.00 134,000,000.00
Current Trade Receivables N/A 153,000,000.00 527,000,000.00 776,000,000.00
Other Current Receivables N/A 50,000,000.00 126,000,000.00 148,000,000.00
Cash and cash equivalents 26,000,000.00 14,000,000.00 216,000,000.00 317,000,000.00
Current Derivative Financial Assets N/A 0.00 68,000,000.00 384,000,000.00
Equity And Liabilities N/A 38,283,000,000.00 44,755,000,000.00 50,948,000,000.00
Equity 6,601,000,000.00 2,071,000,000.00 1,155,000,000.00 2,274,000,000.00
Issued Capital N/A 48,000,000.00 48,000,000.00 48,000,000.00
Retained Earnings N/A -7,402,000,000.00 -9,005,000,000.00 -8,399,000,000.00
Other Reserves N/A -155,000,000.00 182,000,000.00 656,000,000.00
Additional Paidin Capital N/A 9,544,000,000.00 9,890,000,000.00 9,892,000,000.00
Equity Attributable To Owners Of Parent N/A 2,035,000,000.00 1,115,000,000.00 2,197,000,000.00
Noncontrolling Interests N/A 36,000,000.00 40,000,000.00 77,000,000.00
Liabilities N/A 36,212,000,000.00 43,600,000,000.00 48,674,000,000.00
Noncurrent Liabilities N/A 31,854,000,000.00 37,988,000,000.00 41,961,000,000.00
Noncurrent Provisions For Employee Benefits N/A 920,000,000.00 833,000,000.00 545,000,000.00
Other Longterm Provisions N/A 162,000,000.00 167,000,000.00 206,000,000.00
Deferred Tax Liabilities N/A 35,000,000.00 24,000,000.00 24,000,000.00
Other Noncurrent Nonfinancial Liabilities N/A 42,000,000.00 60,000,000.00 533,000,000.00
Current Liabilities N/A 4,358,000,000.00 5,612,000,000.00 6,713,000,000.00
Trade And Other Current Payables To Trade Suppliers N/A 317,000,000.00 977,000,000.00 986,000,000.00
Current Accruals And Current Deferred Income Including Current Contract Liabilities N/A N/A 2,217,000,000.00 2,545,000,000.00
Current Advances N/A 170,000,000.00 220,000,000.00 259,000,000.00
Current Tax Liabilities Current N/A 10,000,000.00 14,000,000.00 124,000,000.00
Other Current Liabilities N/A 121,000,000.00 237,000,000.00 531,000,000.00
Current Commercial Papers Issued And Current Portion Of Noncurrent Commercial Papers Issued N/A 201,000,000.00 0.00 N/A
Line item in (sek) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 7,470,000,000.00 10,086,000,000.00 19,230,000,000.00
Other Income 0.00 44,000,000.00 3,000,000.00
Raw Materials And Consumables Used 611,000,000.00 839,000,000.00 1,495,000,000.00
Employee Benefits Expense 3,489,000,000.00 3,597,000,000.00 5,957,000,000.00
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 6,187,000,000.00 3,139,000,000.00 3,372,000,000.00
Other Expense By Nature 1,751,000,000.00 2,248,000,000.00 3,854,000,000.00
Profit Loss From Operating Activities -4,800,000,000.00 -440,000,000.00 2,457,000,000.00
Finance Income 5,000,000.00 10,000,000.00 22,000,000.00
Finance Costs 1,286,000,000.00 1,616,000,000.00 1,830,000,000.00
Profit Loss Before Tax -6,081,000,000.00 -2,046,000,000.00 649,000,000.00
Income Tax Expense Continuing Operations -130,000,000.00 -367,000,000.00 221,000,000.00
Profit (loss) -5,951,000,000.00 -1,679,000,000.00 428,000,000.00
Profit Loss Attributable To Owners Of Parent -5,949,000,000.00 -1,681,000,000.00 394,000,000.00
Profit Loss Attributable To Noncontrolling Interests -2,000,000.00 2,000,000.00 34,000,000.00
Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A -5,951,000,000.00 -1,679,000,000.00 428,000,000.00
Adjustments For Decrease Increase In Inventories N/A 35,000,000.00 -14,000,000.00 -22,000,000.00
Adjustments For Decrease Increase In Other Operating Receivables N/A 35,000,000.00 74,000,000.00 36,000,000.00
Adjustments For Increase Decrease In Trade Account Payable N/A -420,000,000.00 656,000,000.00 -22,000,000.00
Adjustments For Increase Decrease In Other Operating Payables N/A -336,000,000.00 724,000,000.00 850,000,000.00
Other Adjustments For Noncash Items N/A 6,226,000,000.00 3,120,000,000.00 3,400,000,000.00
Cash Flows From Used In Operating Activities N/A 1,151,000,000.00 3,701,000,000.00 6,432,000,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 751,000,000.00 513,000,000.00 635,000,000.00
Cash Flows From Used In Investing Activities N/A -751,000,000.00 -513,000,000.00 -635,000,000.00
Repayments Of Borrowings Classified As Financing Activities N/A 2,999,000,000.00 2,737,000,000.00 N/A
Payments Of Lease Liabilities Classified As Financing Activities N/A 2,155,000,000.00 1,544,000,000.00 1,976,000,000.00
Dividends Paid Classified As Financing Activities N/A 37,000,000.00 3,000,000.00 10,000,000.00
Cash Flows From Used In Financing Activities N/A -426,000,000.00 -2,953,000,000.00 -5,672,000,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A -26,000,000.00 235,000,000.00 125,000,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A -26,000,000.00 -33,000,000.00 -24,000,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 14,000,000.00 235,000,000.00 125,000,000.00
Cash and cash equivalents 26,000,000.00 14,000,000.00 216,000,000.00 317,000,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Date Trading entity / Person Association Trade type Volume
13.03.24 Åsa Virén Linder Other Sell SEK 1,390,500.00
31.10.23 michel schutzbach Other Sell EUR 30,710.07
22.09.23 Martin Svalstedt Other Buy SEK 742,800.00
08.06.23 Aki Käyhkö Other Sell SEK 437,564.37
07.06.23 Aki Käyhkö Other Sell SEK 416,824.00
10.05.23 Märta Kristina Tomasdotter Patek Other Buy SEK 191,392.52
09.05.23 Jens Mathiesen Other Buy SEK 982,209.00
22.03.23 Åsa Virén Linder Other Buy SEK 511,700.28
16.02.23 Fredrik Wetterlundh Other Buy SEK 498,960.00
15.11.22 Märta Kristina Tomasdotter Patek Other Buy SEK 101,429.94

Capital markets information

ISIN

SE0007640156

LEI

529900JY9ZBGUXGRKQ86

Sector

Consumer Discretionary

Industry Group

Consumer Services

Industry

Hotels, Restaurants & Leisure

Sub-Industry

Hotels, Resorts & Cruise Lines

Listed Stock Exchange

Nasdaq Stockholm

Contact Investor Relations department

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