Scandic revises sales forecast for first quarter
As a result of the spread of the coronavirus (COVID-19), Scandic has seen a drop in customer activity since the beginning of March and consequently, the company has adjusted its forecast for net sales for comparable units during the first quarter.In Scandic’s Interim Report for the fourth quarter that was published on February 18, 2020, the company reported expectations of net sales growth of 1-3% for comparable units during the period January to March 2020. Development during the first two months of the year was completely in line with this expectation, with an increase of just above 2%