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Scandic Hotels Group AB
(SHOT)
Scandic Hotels Group AB (SHOT) vs. iShares MSCI Sweden ETF (EWD)
Scandic Hotels Group AB Business Overview & Revenue Model
Scandic Hotels Group AB Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 57.15B | 21.96B | 21.93B | 19.23B | 10.09B | 7.47B |
| Gross Profit | 32.51B | 13.38B | 11.13B | 12.15B | 5.91B | 3.63B |
| EBITDA | 14.76B | 6.75B | 6.57B | 5.80B | 2.64B | 1.33B |
| Net Income | 2.60B | 643.00M | 532.00M | 394.00M | -1.68B | -5.95B |
Balance Sheet | ||||||
| Total Assets | 52.55B | 53.84B | 53.96B | 50.95B | 44.76B | 38.28B |
| Cash, Cash Equivalents and Short-Term Investments | 920.00M | 846.00M | 1.34B | 317.00M | 216.00M | 14.00M |
| Total Debt | 44.11B | 45.38B | 45.57B | 42.92B | 38.85B | 32.75B |
| Total Liabilities | 49.25B | 50.47B | 51.79B | 48.67B | 43.60B | 36.21B |
| Stockholders Equity | 3.22B | 3.27B | 2.06B | 2.20B | 1.11B | 2.04B |
Cash Flow | ||||||
| Free Cash Flow | 16.57B | 6.39B | 5.87B | 5.80B | 3.19B | 400.00M |
| Operating Cash Flow | 17.25B | 6.39B | 6.39B | 6.43B | 3.70B | 1.15B |
| Investing Cash Flow | -2.57B | -1.06B | -521.00M | -635.00M | -513.00M | -751.00M |
| Financing Cash Flow | -14.82B | -5.80B | -4.84B | -5.67B | -2.95B | -426.00M |
Scandic Hotels Group AB Technical Analysis
Scandic Hotels Group AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | kr38.65B | 19.15 | 6.23% | 2.15% | 2.86% | ― | |
65 Neutral | kr13.10B | 22.97 | 16.20% | 1.79% | 1.80% | 28.19% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | kr21.01B | 28.01 | 21.87% | 5.28% | 1.45% | 34.85% |
Scandic Hotels Group AB Corporate Events
Scandic Hotels Group AB has opened its first hotel in Stuttgart, Germany, marking an important expansion in a key European business hub known for its automotive and technology industries. The new Scandic Stuttgart Europaviertel hotel, with 174 rooms, aims to cater to both business and leisure travelers, enhancing Scandic’s presence in Germany where it now operates eight hotels. This opening aligns with Scandic’s growth strategy to add 10,000 new rooms by 2030, including significant expansion in Germany.
Scandic Hotels Group has opened its first franchise hotel in Florø, Norway, marking a significant step in its growth strategy which emphasizes expanding through franchise hotels. This move strengthens Scandic’s presence in western Norway and aligns with its plan to add 10,000 new rooms by 2030, half of which will be under the Scandic Go brand. The partnership with the Helle family aims to enhance the guest experience and solidify Scandic’s position as a leading hotel company in the Nordics. This expansion is part of Scandic’s broader strategy to grow its portfolio and provide more options for guests, contributing to its ambitious growth targets.
Scandic Hotels Group AB has taken over the operational responsibility for Dalata Hotel Group’s 56 hotels under a management agreement, following the acquisition by Pandox AB and Eiendomsspar AS. This strategic move enhances Scandic’s presence in the UK and Ireland, with the transaction expected to be value-accretive. The carve-out process to separate Dalata’s real estate from hotel operations is underway, with Scandic planning to acquire the hotel operations for EUR 500 million, financed through cash and debt facilities.
Scandic Hotels Group AB reported a modest increase in net sales and occupancy rates, reflecting steady growth in its operations. The company is actively expanding its portfolio with new agreements for hotels in Norway and Germany, and the acquisition of Dalata Hotel Group Plc, which is expected to enhance its market position in Europe.
Scandic Hotels Group has announced the appointment of its Nomination Committee for the 2025 Annual General Meeting, consisting of representatives from its three largest shareholders and the Chair of the Board of Directors. This move is a standard procedure in preparation for the AGM, scheduled for May 5, 2026, in Stockholm, and reflects the company’s governance practices.
Scandic Hotels Group has announced a webcast presentation of its third-quarter 2025 interim report, scheduled for October 29, 2025. During the presentation, the company’s President & CEO, Jens Mathiesen, and CFO, Pär Christiansen, will also provide an update on the acquisition of the hotel operations of Dalata Hotel Group Plc, which could have significant implications for Scandic’s market positioning and expansion strategy.
Scandic Hotels Group AB has announced the opening of its third hotel in central Hamburg, Germany, as part of a long-term lease agreement. This expansion is part of a broader strategy to increase its room portfolio by 15,000 by 2030, focusing on key German destinations. The new hotel, expected to open in 2028, will be strategically located near Hamburg’s central train station, enhancing Scandic’s presence in one of Europe’s dynamic cities. This move aligns with Scandic’s goal of responsible expansion and strengthens its position in the German market, targeting both business and leisure travelers.
Scandic Hotels Group has announced that it will present its interim report for the third quarter of 2025 via a webcast and telephone conference on October 29, 2025. The presentation, led by President & CEO Jens Mathiesen and CFO Pär Christiansen, will provide insights into the company’s performance and is accessible to stakeholders, reflecting Scandic’s commitment to transparency and engagement with its investors.