Scandic’s interim report Q3 2022 – Scandic’s best quarter ever
THIRD quarter in summary · Net sales rose by 60.5 percent to 5,994 MSEK (3,734), corresponding to an increase of 60.5 percent compared to the third quarter 2021. · Average occupancy increased to 70.5 percent compared with 55.1 percent during the third quarter of 2021. · Average revenue per available room (RevPAR) grew to 875 SEK (540) driven by higher occupancy and positive price development. · Adjusted EBITDA totaled 1,213 MSEK (709). The company’s results were positively impacted by one-off effects of 76 MSEK. · Excluding IFRS 16, earnings per share totaled 3.23 SEK (1.41)