Scandic’s interim report Q2 2022 – Record earnings for Scandic
Second quarter in summary · Net sales rose by 221.8 percent to 5,276 MSEK (1,640). · The average occupancy rate rose to 63.2 percent compared with 27.1 percent during the second quarter of the previous year. · Average revenue per available room (RevPAR) increased to 749 SEK (245) driven by higher occupancy and positive price development. · Adjusted EBITDA totaled 1,083 MSEK (-364). The company’s results were positively impacted by state aid of 94 MSEK (203), 167 MSEK attributable to temporary effects from agreements with the Norwegian state regarding housing for refugees from