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 1.59 billion Euros [US$1.87 billion]
of which 86%
Melia Hotels International SA
(1.80 billion Euros [US$2.11 billion]
of which 106%
was Hotels), and
NH Hotel Group SA
based in SPAIN
(1.71 billion Euros [US$2.00 billion]
of which 100%
During the year ended December of 2019, sales at
Scandic Hotels Group Ab were SEK 18.95 billion (US$2.14 billion).
increase of 5.2%
versus 2018, when the company's sales were SEK 18.01 billion.
This was the fifth consecutive year of sales increases at Scandic Hotels Group Ab
(and since 2014, sales have increased a total of 75%).
Sales of Operating Segment - Denmark saw an increase
that was more than double the company's growth rate: sales were up
14.0% in 2019, from
SEK 1.74 billion to SEK 1.98 billion.
Scandic Hotels Group Ab also saw significant increases in sales in
Operating Segment - Finland (up 9.1% to SEK 4.55 billion)
Operating Segment - Germany (up 10.0% to SEK 696.00 million)
Operating Segment - Poland (up 12.7% to SEK 89.00 million)