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Scandic Hotels Group AB/Skr SHOT

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About Scandic Hotels Group AB

Scandic Hotels Group AB operates in the hospitality industry, focusing on hotel management and operation. The company offers accommodation, conference facilities, restaurants, and wellness services primarily across the Nordic countries. Founded in 1963, Scandic is headquartered in Stockholm, Sweden, and it has grown to be a prominent player in the regional hotel market. Its strategic positioning is enhanced through its large network of hotels in key urban and suburban locations, catering to business and leisure travelers. The company emphasizes sustainability practices and integrates eco-friendly initiatives throughout its operations.
Ticker
Skr SHOT
Primary listing
XSTO
Employees
10,072
Headquarters
Stockholm, Sweden

SHOT Metrics

BasicAdvanced
kr 22B
30.62
kr 3.37
0.91
kr 2.60
2.52%

What the Analysts think about SHOT

Analyst ratings (Buy, Hold, Sell) for Scandic Hotels Group AB stock.
Analyst projections of the future price of Scandic Hotels Group AB stock.

Bulls say / Bears say

Second-quarter adjusted EBITDA rose 10% to SEK 796 million, with higher earnings in Sweden, Norway and Denmark. Scandic said bookings were strong and expected higher room rates in the third quarter. (Scandic Hotels Group AB)
Scandic is expanding through a multi-year Hilton partnership, adding access to Hilton’s brands and international reach. The first confirmed project is a 284-room Copenhagen airport hotel, due to open in 2029 under a franchise agreement. (Scandic Hotels Group AB)
Low leverage gives Scandic room to fund its growth plans: net debt was SEK 276 million, or 0.1 times adjusted EBITDA, at the end of the second quarter. A new SEK 7.5 billion financing framework adds flexibility for expansion and the planned Dalata acquisition. (Scandic Hotels Group AB, Scandic Hotels Group AB)
Finland remains a clear weak spot, and its recovery is taking longer than Scandic expected. Q2 adjusted EBITDA there fell to SEK 58 million from SEK 142 million, amid softer prices, fixed rent costs and renovation work in Helsinki. (Scandic Hotels Group AB)
Underlying growth was modest: organic sales rose only 1.2% in Q2, while occupancy slipped to 65.6% from 65.9% and RevPAR increased by just SEK 3. That leaves limited evidence so far of broad-based improvement in room demand and pricing. (Scandic Hotels Group AB)
Free cash flow fell to SEK 532 million from SEK 709 million year on year, despite higher adjusted EBITDA. A six-week hotel workers’ strike also disrupted Norway, showing how labour disputes can hit occupancy and room rates. (Scandic Hotels Group AB)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.

SHOT Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

SHOT Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.