Scandic Hotels Group is the largest hotel operator in the Nordic region, running a dense network of mainly midscale hotels under the Scandic brand. Its footprint is concentrated in Sweden, Norway, Denmark and Finland, with a focus on city and destination hotels for business and leisure guests. The model combines owned and leased properties with a strong brand presence in everyday Nordic travel.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q4 2024 | 5,488 | — | 132 | -8% |
| Q1 2025 | 4,546 | — | -215 | — |
| Q2 2025 | 5,795 | — | 268 | -31.7% |
| Q4 2025 | 5,575 | 1.6% | 15 | -88.6% |
| Q1 2026 | 4,688 | 3.1% | -196 | — |
| Q2 2026 | 5,998 | 3.5% | 350 | 30.6% |
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