Scandic Hotels Group AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 5,410 million compared to SEK 5,228 million a year ago. Revenue was SEK 5,410 million compared to SEK 5,228 million a year ago. Net income was SEK 32 million compared to net loss of SEK 9 million a year ago. Basic earnings per share from continuing operations was SEK 0.32 compared to basic loss per share from continuing operations of SEK 0.05 a year ago. Diluted earnings per share from continuing operations was SEK 0.27 compared to diluted loss per share from continuing operations of SEK 0.05 a year ago.
For the full year, sales was SEK 21,935 million compared to SEK 19,230 million a year ago. Revenue was SEK 21,955 million compared to SEK 19,233 million a year ago. Net income was SEK 532 million compared to SEK 394 million a year ago. Basic earnings per share from continuing operations was SEK 3.46 compared to SEK 2.69 a year ago. Diluted earnings per share from continuing operations was SEK 2.86 compared to SEK 2.21 a year ago.