Tuesday, August 16, 2016

Higher profits for Scandic – Västerbotten Courier

The Scandic hotel chain adds to both revenues and profits.

The result before tax for the second quarter rose to 334 million, compared with 70 million in the same period last year. Sales rose by 8.8 percent to 3.447 billion crowns.

“The demand in the first half and the summer season has been strong in all of our markets, but it is also clear that our commercial strategies are working well and we are taking market share “writes CEO Frank Fisker in the report.

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