Scandic Hotels Group AB (publ)

Stockholm Stock Exchange SHOT.ST

Scandic Hotels Group AB (publ) Gross Profit Margin for the year ending December 31, 2023: 50.75%

Scandic Hotels Group AB (publ) Gross Profit Margin is 50.75% for the year ending December 31, 2023, a -19.66% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Scandic Hotels Group AB (publ) Gross Profit Margin for the year ending December 31, 2022 was 63.18%, a 7.75% change year over year.
  • Scandic Hotels Group AB (publ) Gross Profit Margin for the year ending December 31, 2021 was 58.64%, a 20.80% change year over year.
  • Scandic Hotels Group AB (publ) Gross Profit Margin for the year ending December 31, 2020 was 48.54%, a -22.19% change year over year.
  • Scandic Hotels Group AB (publ) Gross Profit Margin for the year ending December 31, 2019 was 62.38%, a 4.18% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
Market news
Stockholm Stock Exchange: SHOT.ST

Scandic Hotels Group AB (publ)

CEO Mr. Jens Mathiesen
IPO Date Dec. 2, 2015
Location Sweden
Headquarters Sveavägen 167
Employees 10,310
Sector Consumer Discretionary
Industries
Hotels
Description

Scandic Hotels Group AB (publ), together with its subsidiaries, operates and franchises hotels in Sweden, Norway, Finland, Denmark, Germany, Poland, and other European Countries. The company operates hotels under the Scandic, Hilton, Holiday Inn, Crown Plaza, and Indigo brands. As of June 10, 2022, it operated approximately 280 hotels. The company was founded in 1963 and is headquartered in Stockholm, Sweden.

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StockViz Staff

January 15, 2025

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