Accounting principles
The Group applies International Financial Reporting Standards, IFRS, as endorsed by the EU.
The Parent Company applies the Annual Accounts Act and RFR 2 Accounting for legal entities, which means that IFRS is applied with certain exceptions and additions.
From January 1, 2019 IFRS 16 Leases replaced, which means that almost all of the Group's leasing contracts are reported in the balance sheet, as no distinction is made between operational and financial leasing agreements.
Latest press releases
Scandic Go expanding in Sweden with two new hotels
Scandic has signed two long-term lease agreements with property owner JV Nordväst Fastighet AB to take over two hotels in Helsingborg and Jönköping th...
Invitation to Scandic Hotels Group’s Capital Markets Day 2025 in Stockholm
Scandic Hotels Group is pleased to invite investors, analysts and media to its Capital Markets Day on February 19, 2025, at Scandic Continental in Sto...
Notice to extraordinary general meeting in Scandic Hotels Group AB (publ)
About Scandic
Scandic is the largest Nordic hotel operator with a network of about 280 hotels with 58,000 hotel rooms in operation and under development in six countries. Scandic Friends is the biggest loyalty program in the Nordic hotel sector. Corporate responsibility has always been a part of Scandic’s DNA. Since December 2, 2015, Scandic has been listed on Nasdaq Stockholm. Read more about Scandic
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