Scandic’s year-end report 2017
– Continued growth but high costs in the quarterFourth quarter in summary · Net sales increased by 8.1% to 3,743 MSEK (3,463) due to more rooms in operation and higher RevPAR. · Adjusted EBITDA totaled 333 MSEK (457), corresponding to a margin of 8.9% (13.2). The comparative period was positively impacted by a non-recurring compensation of 65 MSEK. · Lower occupancy in Stockholm, combined with high costs affected results negatively in Sweden in the quarter. · Earnings per share amounted to 1.52 SEK (2.79). Excluding currency effects related to the revaluation of loans,