Brief: Scandic Hotels Q2 Adjusted EBITDA Loss Narrows To SEK 364 Mln

Scandic Hotels AB

16/07/2021 06:34

July 16 (Reuters) - Scandic Hotels Group AB  SHOTE.ST :
    * SCANDIC'S INTERIM REPORT Q2 2021 - RECOVERY GAINING
MOMENTUM
    * Q2 NET SALES ROSE BY 147 PERCENT TO 1 640 MSEK (665)
    * Q2 ADJUSTED EBITDA WAS -364 MSEK (-1,138)
    * Q2 AVERAGE OCCUPANCY INCREASED TO 27.1% COMPARED WITH
17.5%
DURING PREVIOUS QUARTER
    * RESULTS FOR QUARTER WERE IMPACTED POSITIVELY BY STATE AID
OF 203
MSEK AND RENT DISCOUNTS OF APPROXIMATELY 105 MSEK

Source text for Eikon:  ID:nWkr3VKCkB 
Further company coverage:  SHOTE.ST 

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