Top Page
Scandic Hotels Group AB
(Frankfurt: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 | 22.09B | 21.96B | 21.93B | 19.23B | 10.09B | 7.47B |
| Gross Profit | 10.82B | 13.38B | 11.13B | 12.15B | 5.91B | 3.63B |
| EBITDA | 6.83B | 6.75B | 6.57B | 5.80B | 2.64B | 1.33B |
| Net Income | 758.00M | 643.00M | 532.00M | 394.00M | -1.68B | -5.95B |
Balance Sheet | ||||||
| Total Assets | 51.88B | 53.84B | 53.96B | 50.95B | 44.76B | 38.28B |
| Cash, Cash Equivalents and Short-Term Investments | 135.00M | 846.00M | 1.34B | 317.00M | 216.00M | 14.00M |
| Total Debt | 44.40B | 45.38B | 45.57B | 42.92B | 38.85B | 32.75B |
| Total Liabilities | 49.13B | 50.47B | 51.79B | 48.67B | 43.60B | 36.21B |
| Stockholders Equity | 2.64B | 3.27B | 2.06B | 2.20B | 1.11B | 2.04B |
Cash Flow | ||||||
| Free Cash Flow | 6.00B | 6.39B | 5.87B | 5.80B | 3.19B | 400.00M |
| Operating Cash Flow | 6.43B | 6.39B | 6.39B | 6.43B | 3.70B | 1.15B |
| Investing Cash Flow | -1.05B | -1.06B | -521.00M | -635.00M | -513.00M | -751.00M |
| Financing Cash Flow | -5.83B | -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 |
|---|---|---|---|---|---|---|---|
76 Outperform | €17.38B | 23.82 | 29.21% | 4.66% | 0.01% | 17.20% | |
67 Neutral | ¥269.51B | 13.55 | 6.45% | 2.58% | 5.22% | -11.96% | |
| ― | kr20.61B | 23.31 | 41.51% | 1.31% | ― | ― | |
56 Neutral | kr16.77B | ― | 2.46% | -14.48% | -311.20% | ||
| ― | $1.20B | 88.88 | 25.72% | 0.03% | ― | ― | |
| ― | €1.09B | 21.88 | 13.24% | 1.82% | ― | ― | |
| ― | €1.44B | 17.91 | 12.85% | 2.94% | ― | ― |
Scandic Hotels Group AB Corporate Events
Scandic Hotels Group reported a strong quarter with increased organic growth and solid cash flow, despite a slight decline in net sales due to negative currency effects and one-off items. The company is expanding its operations with new hotel agreements in Finland, Norway, Sweden, and Germany, and plans to acquire Dalata Hotel Group’s operations, enhancing its presence in Ireland and the UK. The acquisition aligns with Scandic’s 2030 strategy and is supported by its strong financial position.
The most recent analyst rating on (SE:SHOT) stock is a Hold with a SEK83.00 price target. To see the full list of analyst forecasts on Scandic Hotels Group AB stock, see the SE:SHOT Stock Forecast page.
Scandic Hotels Group AB has entered into a framework agreement with Pandox AB and Eiendomsspar AS to acquire the hotel operations of Dalata Hotel Group Plc. This acquisition, contingent on the completion of the Consortium’s takeover of Dalata and necessary regulatory approvals, will add 56 hotels with 12,000 rooms to Scandic’s portfolio, primarily in Ireland and the UK. This move is expected to enhance Scandic’s market presence and financial performance by leveraging Dalata’s strong market position and operational synergies. The transaction is anticipated to be EPS accretive and aligns with Scandic’s strategy to expand in attractive markets.
The most recent analyst rating on (SE:SHOT) stock is a Hold with a SEK83.00 price target. To see the full list of analyst forecasts on Scandic Hotels Group AB stock, see the SE:SHOT Stock Forecast page.
Scandic Hotels Group is expanding its presence in Germany by opening a new hotel in Hamburg, scheduled for 2030. The hotel will feature 430 rooms and offer amenities such as a rooftop bar, fitness center, and panoramic views, enhancing Scandic’s growth strategy and strengthening its position in the European market.
The most recent analyst rating on (SE:SHOT) stock is a Hold with a SEK83.00 price target. To see the full list of analyst forecasts on Scandic Hotels Group AB stock, see the SE:SHOT Stock Forecast page.
Scandic Hotels Group has announced a presentation of its half-year report for 2025, scheduled for July 15. The report will be presented by the company’s President & CEO Jens Mathiesen and CFO Pär Christiansen via a webcast and telephone conference, providing stakeholders with insights into the company’s performance and strategic direction.
The most recent analyst rating on (SE:SHOT) stock is a Hold with a SEK83.00 price target. To see the full list of analyst forecasts on Scandic Hotels Group AB stock, see the SE:SHOT Stock Forecast page.
Scandic Hotels Group is expanding its Scandic Go brand in Finland by opening a new 138-room hotel in Turku, which will enhance its existing offerings in a region poised for growth in tourism, business, and culture. The new hotel, expected to open in the second half of 2026, will be centrally located and will meet the Nordic Swan Ecolabel environmental standards, aligning with Scandic’s sustainability goals. This expansion reflects Scandic’s strategy to strengthen its market position and cater to the increasing demand from both national and international guests.
The most recent analyst rating on (SE:SHOT) stock is a Hold with a SEK65.00 price target. To see the full list of analyst forecasts on Scandic Hotels Group AB stock, see the SE:SHOT Stock Forecast page.
Scandic Hotels Group has expanded its presence in Tromsø with the opening of The Dock 69°39 by Scandic, a new signature hotel that nearly doubles the company’s room capacity in the city. This development strengthens Scandic’s leading position in the Nordic hotel market and aligns with its sustainability goals, as the hotel is certified by the Nordic Swan Ecolabel and BREEAM Excellent. The hotel is designed to be a central hub for both local residents and international visitors, featuring unique sustainable design elements and amenities such as a rooftop bar, wellness area, and heated running track.
The most recent analyst rating on (SE:SHOT) stock is a Hold with a SEK80.00 price target. To see the full list of analyst forecasts on Scandic Hotels Group AB stock, see the SE:SHOT Stock Forecast page.
Scandic Hotels Group has announced plans to open a new 236-room hotel in downtown Uppsala in collaboration with landlord Vasakronan. This development is part of Scandic’s strategy to expand in key Nordic markets, leveraging Uppsala’s status as Sweden’s fourth-largest hotel market and its proximity to Stockholm and Arlanda Airport. The hotel will feature modern amenities, including a gym, bar, restaurant, and flexible meeting spaces, and will be sustainability-certified. The project aims to enhance Scandic’s presence in the region and cater to both business and leisure travelers.
The most recent analyst rating on (SE:SHOT) stock is a Hold with a SEK83.00 price target. To see the full list of analyst forecasts on Scandic Hotels Group AB stock, see the SE:SHOT Stock Forecast page.
Scandic Hotels Group AB announced a reduction in its number of shares and votes by 4,030,622 following a resolution from the Annual General Meeting. This change reflects the cancellation of previously repurchased shares, bringing the total number of shares and votes to 215,127,300. This adjustment may impact the company’s share value and voting dynamics, potentially affecting investor relations and market perception.
The most recent analyst rating on (SE:SHOT) stock is a Hold with a SEK83.00 price target. To see the full list of analyst forecasts on Scandic Hotels Group AB stock, see the SE:SHOT Stock Forecast page.
Scandic Hotels Group AB held its Annual General Meeting on May 6, 2025, where all proposals by the Board and Nomination Committee were approved. Key resolutions included a dividend of SEK 2.60 per share, re-election of board members, and adoption of a long-term incentive program for key employees. The AGM also authorized the Board to issue new shares and repurchase own shares to optimize capital structure and support the incentive program. These decisions aim to enhance shareholder value and strengthen Scandic’s market position.