Scandic Hotels Group AB (publ) (0RD7)

Profile

https://www.scandichotelsgroup.com

Scandic Hotels Group AB (publ) is a Sweden-based hotel operator managing a extensive network of hotels primarily in the Nordic region, including Sweden, Finland, Norway, and other European markets. The company delivers comprehensive hospitality services, with the majority of its revenue derived from rooms, restaurants, and conferences, catering to leisure travelers, business guests, and event organizers. Notable features include a portfolio of over 55,000 rooms across more than 280 properties, emphasizing operational efficiency and guest experiences in key growth areas like urban and conference destinations. Scandic Hotels Group AB plays a pivotal role in the hospitality sector by driving regional tourism and business travel recovery, evidenced by strong financial metrics such as an adjusted EBITDA margin of 11.4% in 2024, organic sales growth targets of at least 5% annually, and a robust return on equity around 22.5%. Its prudent capital structure, with net debt to adjusted EBITDA at a low 0.1x, supports strategic expansion and shareholder returns through a policy distributing at least 50% of net results as dividends.