Report
Fehmi Ben Naamane

Scandic Hotels : Discours positif sur le T3 mais plus neutre (et moins enthousiasmant) au-delà

>Des marges en régression au T2, malgré la hausse des prix généralisée - Au titre de son T2, Scandic Hotels a publié hier une croissance topline à 11% yoy, mais seulement de 3% à périmètre et changes constants (les effets de changes, positifs, ont contribué de +2% sur le trimestre). La croissance yoy des RevPAR groupe est de 11% en moyenne en données reportées et de 6.8% en L/L, avec des hausses généralisées dans toutes les régions (hormis la Norvège, stable), mais su...
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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