Scandic’s Interim report for the first quarter 2025 – A solid quarter and good booking situation
First quarter in summary, January 1 – March 31, 2025
· Net sales rose by 2.9 percent to SEK 4,546 million (4,419). Organic growth increased by 3.8 percent, positively impacted by calendar effects. · Average occupancy rate increased to 55.1 percent (51.9). · Average revenue per available room (RevPAR) rose to SEK 655 (619). · Operating profit totaled SEK 194 million (126). · Adjusted EBITDA was SEK 101 million (33). Adjusted EBITDA, excluding non-recurring items, was SEK 59 million (27). · Excluding IFRS 16, earnings per share were SEK -0.58 (-1.10). · Free cash flow