Scandic Hotels Group Ab · OMXSTO:SHOT
Scandic Hotels Group Ab — Q1 2026 Earnings Presentation
16 slides from Scandic Hotels Group Ab's earnings presentation, Apr 22, 2026
Slide 1: Q1 Report
Qi REPORT April 22, 2026 Scandic
Slide 2: Q1 Highlights
Q1 REPORT 2026 Q1 HIGHLIGHTS • Good start to the year with stable growth and solid results • Continued positive market development • Improved cash flow and strong financial position • Good booking situation for the second quarter • No direct impact from the geopolitical uncertainty 2
Slide 3: A Solid Result in Line with Last Year
Q1 REPORT 2026 A SOLID RESULT IN LINE WITH LAST YEAR ADJUSTED EBITDA PER QUARTER 2023-2026, MSEK • Adjusted EBITDA of 105 (101) MSEK, corresponding 1,100 to a margin of 2.2% (2.2) 1,000 900 • High operational efficiency and cost control 800 700 600 500 400 300 200 100 0 Q1 Q2 Q3 Q4 2024 2025 2026 3
Slide 4: Solid Start to the Year in the Nordics
Q1 REPORT 2026 SOLID START TO THE YEAR IN THE NORDICS Sweden Norway Finland Denmark Market occupancy %, index = 2019 Market ARR, Local currency, index = 2019 Market RevPAR, Local currency, index = 2019 108 160 170 106 155 150 160 104 145 102 150 140 100 135 140 98 130 96 125 130 94 120 92 115 120 90
Slide 5: Good Performance in Ireland, Stable in the UK
Q1 REPORT 2026 GOOD PERFORMANCE IN IRELAND, STABLE IN THE UK Ireland The UK Dublin London Market occupancy %, index = 2019 Market ARR, Local currency, index = 2019 Market RevPAR, Local currency, index = 2019 110 145 145 140 140 105 135 135 130 130 125 125 100 120 120 115 115 95 110 110 105 105 90 10
Slide 6: Strong Pipeline of New Hotels
Q1 REPORT 2026 STRONG PIPELINE OF 22 NEW HOTELS Pipeline as of 31 March 2026 Year Hotel Destination No. of rooms Q2 2026 Scandic Go, Gothenburg Gothenburg, Sweden 176 Q2 2026 Scandic Go, Helsingborg Helsingborg, Sweden 96 Q2 2026 Maldron Hotel Croke Park, Dublin Dublin, Ireland 200 Q3 2026 Scandic G
Slide 7: Continued Expansion of Scandic Go
Q1 REPORT 2026 CONTINUED EXPANSION OF SCANDIC GO Announced on January 15, 2026 Announced on February 15, 2026 Announced on March 3, 2026 • Signed agreement for a 170-room Scandic Go • Signed agreement for a 152-room Scandic Go in • Opened first Scandic Go in Norway, centrally in central Tromsø (open
Slide 8: Scandic Drives Climate Action Forward – Now with Validated Science Based Targets
Q1 REPORT 2026 SCANDIC DRIVES CLIMATE ACTION FORWARD – NOW WITH VALIDATED SCIENCE BASED TARGETS • Climate targets validated by SBTi, aligned with the 1.5°C pathway • Targeting net zero emissions across the value chain by 2050 • Validation strengthens sustainability profile and raises ambition on emi
Slide 9: Dalata Acquisition Well on Track
Q1 REPORT 2026 DALATA ACQUISITION WELL ON TRACK Acquires operations Nov H2 Management agreement 2025 2026 PRE-CARVE OUT INTEGRATION PHASE • The restructuring process is progressing as planned and is expected to be completed in the second half of 2026. Acquires properties • Once the restructuring is
Slide 10: Financial Update
Q1 REPORT 2026 FINANCIAL UPDATE 10
Slide 11: Stable Growth and Solid Profitability
Q1 REPORT 2026 STABLE GROWTH AND SOLID PROFITABILITY • Stable net sales growth Net sales Adjusted Adjusted EBITDA EBITDA margin ‒ Organic growth of 4.7% (LFL 1.7%) Q1 Q1 Q1 Q1 Q1 Q1 ‒ Currency effects of -127 MSEK MSEK 2026 2025 2026 2025 2026 2025 Sweden 1,433 1,343 71 59 4.9% 4.4% • Profitability
Slide 12: Improved Cash Flow
Q1 REPORT 2026 IMPROVED CASH FLOW • Strong operating cash flow of 2,248 MSEK (LTM) Free cash flow per quarter and LTM, MSEK Free cash flow Cash flow from operations LTM Free cash flow LTM • Cash flow improvement driven by working capital and tax refunds 2,500 2,320 2,261 2,248 2,015 2,038 • Investme
Slide 13: Strong Financial Position
Q1 REPORT 2026 STRONG FINANCIAL POSITION • Strong balance sheet with low leverage Net debt to adjusted EBITDA LTM • Net debt of 510 MSEK • Net debt to adjusted EBITDA LTM of 0.2x (0.4x) 0.4x 0.3x 0.2x 0.0x 0.0x Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 13
Slide 14: Closing Statements
Q1 REPORT 2026 CLOSING STATEMENTS The Dock 69 39 by Scandic, Tromsø 14
Slide 15: Concluding Remarks
Q1 REPORT Q4 REPORT 2026 2024 CONCLUDING REMARKS • Good start to 2026 with stable growth and solid results • Continued positive market development • Dalata performs well and acquisition progressing according to plan • Good booking situation ahead of the peak season, supported by high demand and a so
Slide 16: Thank You!
Q1 REPORT 2026 THANK YOU! Scandic Karlskrona 16