Scandic Hotels Group AB (publ) reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was SEK 5,871 million compared to SEK 5,693 million a year ago. Revenue was SEK 5,871 million compared to SEK 5,693 million a year ago. Net income was SEK 304 million compared to SEK 262 million a year ago. Basic earnings per share from continuing operations was SEK 1.71 compared to SEK 1.54 a year ago. Diluted earnings per share from continuing operations was SEK 1.5 compared to SEK 1.27 a year ago.
For the six months, sales was SEK 10,290 million compared to SEK 10,218 million a year ago. Revenue was SEK 10,290 million compared to SEK 10,218 million a year ago. Net loss was SEK 27 million compared to SEK 49 million a year ago. Basic loss per share from continuing operations was SEK 0.14 compared to SEK 0.26 a year ago. Diluted loss per share from continuing operations was SEK 0.14 compared to SEK 0.26 a year ago.