- Scandic’s net sales for the fourth quarter amounted to SEK 5.49 billion, closely matching the estimate of SEK 5.47 billion.
- The company’s Adjusted EBITDA for the same period was reported at SEK 544 million.
- Occupancy rate stood at 59.6%, indicating moderate room utilization.
- The operating profit achieved during this quarter was SEK 626 million.
- The Board has proposed a dividend distribution of SEK 2.60 per share.
- There are plans to initiate a new share buyback program valued at approximately SEK 500 million in 2025.
- Analyst recommendations include 3 buy ratings, 2 hold ratings, and 2 sell ratings.
“`
A look at Scandic Hotels Group Ab Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Scandic Hotels Group Ab has a promising long-term outlook. The company received a high score for Growth and Momentum, indicating strong potential for expansion and positive market performance. With a focus on continuous development and solid forward momentum, Scandic Hotels Group Ab seems well-positioned for future success.
However, the company scored lower in Value, Dividend, and Resilience factors. Despite this, Scandic Hotels Group Ab‘s unique strengths in growth and momentum demonstrate its ability to capitalize on opportunities and adapt to market trends efficiently. As a key player in the Nordic region’s hospitality industry, Scandic Hotels Group Ab is poised to leverage its services, including accommodation, conferences, dining, and leisure facilities, to sustain its growth trajectory.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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