Scandic Hotels Group Ab · OMXSTO:SHOT
Scandic Hotels Group Ab — Q2 2026 Earnings Presentation
16 slides from Scandic Hotels Group Ab's earnings presentation, Jul 15, 2026
Slide 1: Q2 Report
Q2 REPORT July 15, 2026 1 Scandic Park, Stockholm
Slide 2: Q2 Highlights
Q2 REPORT 2026 Q2 HIGHLIGHTS • Strong market demand supports solid growth and good results • Good performance across the major markets, except Finland • Continued portfolio expansion and Scandic Go growth • Financing secured; Dalata acquisition on track for completion in Q4 • Strong bookings and imp
Slide 3: Improved Results and Higher Profitability
Q2 REPORT 2026 IMPROVED RESULTS AND HIGHER PROFITABILITY ADJUSTED EBITDA PER QUARTER 2024-2026, MSEK • Adjusted EBITDA increased to 796 (723) MSEK, corresponding to a margin of 13.3% (12.5%) 1,100 1,000 • Improved profitability across major markets, 900 supported by high operational efficiency 800 7
Slide 4: High Demand Across the Nordic Markets
Q2 REPORT 2026 HIGH DEMAND ACROSS THE NORDIC MARKETS Sweden Norway Finland Denmark Market occupancy %, index = 2019 Market ARR, Local currency, index = 2019 Market RevPAR, Local currency, index = 2019 112 160 170 110 155 108 150 160 106 145 150 104 140 102 135 140 100 130 98 125 130 96 120 94 115 12
Slide 5: Good Demand in Ireland and Solid in the UK
Q2 REPORT 2026 GOOD DEMAND IN IRELAND AND SOLID IN THE UK Ireland The UK Dublin London Market occupancy %, index = 2019 Market ARR, Local currency, index = 2019 Market RevPAR, Local currency, index = 2019 110 145 150 140 145 135 140 105 130 135 125 130 100 125 120 120 115 95 115 110 110 105 105 90 1
Slide 6: High Portfolio Activity
Q2 REPORT 2026 HIGH PORTFOLIO ACTIVITY Pipeline as of 30 June 2026 Year Hotel Destination No. of rooms Q3 2026 Scandic Go, Oulu Oulo Finland 144 Q3 2026 Scandic Berlin West Berlin, Germany 214 Q3 2026 Scandic Go, Jönköping Jönköping, Sweden 103 Q4 2026 Clayton Hotel Tiergarten, Berlin Berlin, German
Slide 7: Recent Openings / Expansion of Scandic Go
Q2 REPORT 2026 EXPANSION OF SCANDIC GO Scandic Go Helsingborg Scandic Go Göteborg RECENT OPENINGS 96 rooms 176 rooms Scandic Go Turku Scandic Go Oulu SCANDIC GO DROTTNINGGATAN • Scandic will open an underground hotel in downtown Stockholm 138 rooms 144 rooms • 135 rooms • Opening 2027 7
Slide 8: New Hotel Signings
Q2 REPORT 2026 NEW HOTEL SIGNINGS Third hotel in Frankfurt Franchise in Northern Norway Franchise in Köping • Signed agreement for Scandic's third hotel in • New franchise agreement for hotel in • New franchise agreement for hotel in Köping, Frankfurt, adding 296 rooms to our growing Finnsnes, Norwa
Slide 9: Financial Update
Q2 REPORT 2026 FINANCIAL UPDATE 9
Slide 10: Good Performance Across Most Markets
Q2 REPORT 2026 GOOD PERFORMANCE ACROSS M OST MARKETS Adjusted Adjusted • Net sales growth of 3.5% (1.2% organic) Net sales EBITDA EBITDA margin • Good growth and improved profitability across Q2 Q2 Q2 Q2 Q2 Q2 major markets, except Finland MSEK 2026 2025 2026 2025 2026 2025 • Strong performance from
Slide 11: Strong Cash Flow Generation
Q2 REPORT 2026 STRONG CASH FLOW GENERATION • Strong operating cash flow of 2,035 MSEK (LTM) Free cash flow per quarter and LTM, MSEK Free cash flow Cash flow from operations LTM Free cash flow LTM • Free cash flow of 532 MSEK in the quarter 2,500 2,320 2,261 2,248 • Investments and maintenance in li
Slide 12: Low Leverage and Strong Balance Sheet
Q2 REPORT 2026 LOW LEVERAGE AND STRONG BALANCE SHEET • Net debt of 276 MSEK Net debt to adjusted EBITDA LTM • Net debt to adjusted EBITDA LTM of 0.1x (0.3x) 0.3x 0.2x 0.1x 0.0x 0.0x Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 12
Slide 13: New Long-Term Financing Supports Growth Journey
Q2 REPORT 2026 NEW LONG -TERM FINANCING SUPPORTS GROWTH JOURNEY • SEK 7.5bn committed financing framework • Supports the planned acquisition of Dalata and growth strategy • Three-year maturity with two one-year extension options • Increased financial flexibility through an expanded banking group Hay
Slide 14: Closing Statements
Q2 REPORT 2026 CLOSING STATEMENTS Scandic Opalen, Gothenburg 14
Slide 15: Concluding Remarks
Q1 REPORT 2026 Q2 Q4 2024 CONCLUDING REMARKS • Good business momentum across most markets • Continued high portfolio activity and expansion • Dalata is performing and acquisition on track for completion in Q4 • Strong booking situation supports a good third quarter, with occupancy expected to remain
Slide 16: Thank You!
Q2 REPORT 2026 THANK YOU! Scandic Karlskrona 16