Scandic Hotels Group Ab operates within the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Scandic Hotels Group Ab with three other
hotel and motel operators in Europe:
Pierre et Vacances SA
sales of 1.37 billion Euro [US$1.64 billion]
of which 91%
Intercontinental Hotels Group Plc
of the United Kingdom
(£1.28 billion [US$1.72 billion]
of which 100%
was Hotels), and
NH Hotel Group SA
based in Spain
(1.45 billion Euro [US$1.73 billion]
of which 100%
During the year ended December of 2016, sales at
Scandic Hotels Group Ab were SEK 13.08 billion (US$1.60 billion).
increase of 7.3%
versus 2015, when the company's sales were SEK 12.19 billion.
This was the third consecutive year of growth at Scandic Hotels Group Ab.
Sales of Operating Segment - Poland saw an increase
that was more than double the company's growth rate: sales were up
17.8% in 2016, from
SEK 64.50 million to SEK 76.00 million.
Scandic Hotels Group Ab also saw significant increases in sales in
Operating Segment - Sweden (up 11.2% to SEK 5.65 billion)
Operating Segment - Denmark (up 11.7% to SEK 1.41 billion)
Not all segments of Scandic Hotels Group Ab experienced an increase in sales in 2016:
sales of Operating Segment - Belgium fell 71.1% to SEK 22.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).