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:
NH Hotel Group SA
sales of 1.55 billion Euro [US$1.91 billion]
Intercontinental Hotels Group Plc
of the United Kingdom
(£1.37 billion [US$1.95 billion]
of which 100%
was Hotels), and
Pierre et Vacances SA
based in France
(1.43 billion Euro [US$1.76 billion]
of which 91%
During the year ended December of 2017, sales at
Scandic Hotels Group Ab were SEK 14.58 billion (US$1.74 billion).
increase of 11.5%
versus 2016, when the company's sales were SEK 13.08 billion.
This was the fourth straight year of sales growth at Scandic Hotels Group Ab.
Sales of Operating Segment - Norway saw an increase
22.5% in 2017, from
SEK 3.74 billion to SEK 4.59 billion.
Not all segments of Scandic Hotels Group Ab experienced an increase in sales in 2017:
sales of Operating Segment - Poland fell 3.9% to SEK 73.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).