106.30
+2.02%
Close of 9 Nov 2026, in SEK
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About Scandic Hotels Group
Its shares trade on Nasdaq Stockholm under the ticker SHOT.ST. It has been listed since 2 December 2015. In the fiscal year to 31 December 2025, it reported revenue of SEK 22.29bn and net income of SEK 625.0m. At that date it held total assets of SEK 52.53bn and shareholders' equity of SEK 2.90bn.
Scandic Hotels Group AB engages in the hotel businesses. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2015-12-02. The Company’s main market in which the Group operates in: Sweden, which includes Swedish hotels that are operated under the Scandic brand; Norway, which includes Norwegian hotels that are operated under the Scandic brand, and Other Nordic countries & segments include hotel operation in Belgium, Denmark, Finland, the Netherlands, Poland and Germany, as well as the hotel concept HTL, which is operated by the sub-group HTL Hotels. The firm operates a network of approximately 224 hotels and almost 42,000 hotel rooms in seven countries. Scandic Hotels Group AB is a wholly owned subsidiary of Sunstorm Holding AB.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Hotels, Restaurants & Leisure
- Listed since
- 2 Dec 2015
- Employees
- 10,136
- Website
- scandichotelsgroup.com ↗
Leadership
Pay as last reported
- Hr. Per BraathenIndependent Chairman of the Board, since 2007SEK 1.1m
- Mr. Jens MathiesenPresident, Chief Executive OfficerSEK 29.6m
- Mr. Par ChristiansenChief Financial Officer
- Mr. Peter JangbrattChief Operating Officer - Sweden and Denmark
- Mr. Fredrik WetterlundhChief Human Resources OfficerSEK 455,000
- Ms. Therese CedercreutzChief Commercial Officer, since 2021SEK 385,000
- Mr. Soeren FaerberChief Strategy Officer
- Mr. Asle PrestgardChief Operating Officer - Norway
- Ms. Laura TarkkaChief Operating Officer - Finland, Germany and Poland
- Ms. Kristina PatekDirectorSEK 484,333
- Ms. Marianne SundeliusDirector, Employee RepresentativeSEK 40,000
- Mr. Lars-Ake BokenbergerIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 92
- Environment
- 99
- Social
- 99
- Governance
- 78
- Direct emissions (scope 1)
- 2,538.8 t
- Energy emissions (scope 2)
- 31,768.6 t
- Value chain emissions (scope 3)
- 684.6 t
- Women in the workforce
- 63.2%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Scandic Hotels Group AB has a strong presence in the hospitality industry, with a diverse and extensive portfolio of hotels across various locations.
- The company has a well-established brand reputation for delivering high-quality services, comfortable accommodations, and excellent customer experiences.
- Scandic Hotels Group AB has a robust financial position, enabling them to invest in facilities, technology advancements, and expansion strategies.
- The company is committed to sustainable practices and responsible tourism, which aligns with the increasing demand for environmentally-friendly options in the market.
Weaknesses
- Scandic Hotels Group AB may face challenges in terms of seasonality and fluctuating demand, especially during off-peak seasons or economic downturns.
- The company's dependency on third-party online platforms for reservations and booking services exposes them to potential disruptions or increased commission fees.
- Operational inefficiencies or service inconsistencies across different hotel locations can impact overall customer satisfaction and reputation.
- Limited presence in certain geographic regions may restrict opportunities for growth and market penetration.
Opportunities
- The growing trend of domestic and international tourism presents opportunities for Scandic Hotels Group AB to expand its customer base and capture new markets.
- Increasing demand for unique experiences and personalized services allows the company to differentiate itself and attract a niche market segment.
- Collaborating with other industry partners, such as airlines or tour operators, can create bundled travel packages and further enhance the company's market competitiveness.
- Exploring emerging markets or untapped destinations can provide Scandic Hotels Group AB with first-mover advantages and early market entry.
Threats
- Intense competition from local and international hotel chains poses a threat to Scandic Hotels Group AB's market share and profitability.
- Economic uncertainties, geopolitical tensions, or natural disasters can impact tourism activities and reduce overall demand for hotel accommodations.
- Changing consumer preferences and evolving travel patterns may require the company to adapt its business model and offerings to stay relevant in the market.
- Regulatory changes or governmental policies can impose compliance burdens and additional costs on the company's operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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