Report
Fehmi Ben Naamane

Scandic Hotels : Confirmation de notre prudence sur le titre : Sous-performance maintenue

>Momentum opérationnel toujours aussi dégradé - La publication de Scandic n’a pas apporté de surprises majeures, le groupe est toujours aussi fortement pénalisé par, la très faible activité (taux d’occupation à seulement 23% au T4) et l’impact des charges fixes sur la profitabilité, malgré tout le travail qui a été fait sur le cost cutting, notamment les renégociations de loyers (pour un total de 900 MSEK à comptabiliser entre 2020 et 2020, dont la moitié en 2021). Le...
Underlying
Scandic Hotels Group

Scandic Hotels Group AB is a Sweden-based company engaged, along with its subsidiaries, in the operation of hotels. 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 Company 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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

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