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SHOT Scandic Hotels AB News Story

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Brief: Scandic Q1 Sales Up At SEK 4.55 Bln

April 15 (Reuters) - Scandic Hotels Group AB SHOTE.ST:

Q1 FREE CASH FLOW SEK -680 MILLION

Q1 ORGANIC GROWTH 4%

Q1 ADJUSTED EBITDA SEK 101 MILLION

Q1 ADJUSTED EPS SEK -0.58

Q1 SALES SEK 4,546 MILLION

Q1 REVPAR SEK 655

SEES Q2 WITH SLIGHTLY HIGHER OCCUPANCY, AVERAGE ROOM RATES THAN YEAR AGO

Source text: ID:nWkr9j9VZZ

Further company coverage: SHOTE.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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