Scandic’s interim report Q2 2019 – Good demand and improved underlying growth
Second quarter in summary · Net sales rose by 2.2% to 4,853 MSEK (4,748), while organic growth was 0.8%. For comparable units, net sales fell by 1.6% due to negative calendar effects, as the Easter holiday fell in April this year. The underlying growth was positive excluding the calendar effects. · Adjusted EBITDA totaled 559 MSEK (618), corresponding to a margin of 11.5% (13.0). Profit for the comparable period was impacted positively by 31 MSEK due to the market valuation of forward contracts for electricity. · Earnings per share amounted to 1.67 SEK (2.51). Adjusted for the