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RSS FeedsScandic´s interim report Q2 2018 - Improved results in all markets
(WorldNews Sweden)

 
 

20 july 2018 08:26:54

 
Scandic´s interim report Q2 2018 - Improved results in all markets
(WorldNews Sweden)
 


Second quarter in description 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. For comparable units, net sales increased by 4.3%, positively impacted by calendar effects. Adjusted EBITDA totaled 618 MSEK (461), corresponding to a margin of 13.0% (12.2). Restel contributed with 40 MSEK to adjusted EBITDA. Integration costs totaled 80 MSEK. Earnings per share amounted to 2.51 SEK (2.02). Excluding the effect of financial leases and currency effects from the revaluation of loans, earnings per share totaled 2.59 SEK (2.15). Agreement for new hotels in Helsingborg, Sweden, with approximately 180...


 
10 viewsCategory: General > Europe > Sweden
 
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