Scandic Hotels Group AB (FRA:10H)
€ 6.025 0.01 (0.17%) Market Cap: 1.30 Bil Enterprise Value: 5.36 Bil PE Ratio: 26.88 PB Ratio: 5.96 GF Score: 65/100

Scandic Hotels Group AB Comments On Market Development - Corporate Call Transcript

Jun 15, 2021 / 07:00AM GMT
Release Date Price: €3.77 (-0.08%)
Operator

Ladies and gentlemen, welcome to the Scandic Hotels Group Audiocast Teleconference 2021. Today, I'm pleased to present Jens Mathiesen, President and CEO. (Operator Instructions) Also, please note that this call is being recorded.

Jens, please begin your meeting.

Jens Mathiesen;publ;President;CEO
Scandic Hotels Group AB

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Thank you very much, operator. And then good morning, everyone, and thank you for joining this short presentation. I'm here together with our CFO, Jan Johansson; and our Head of Investor Relations, Henrik Vikstrom. As you may recall, we said in our report for the first quarter in late April that we would give an update on market conditions today on June 15 since we thought visibility was so limited when we reported this report Q1.

We will start this with a very short presentation, and then we will open up for questions that you might have afterwards. So if you please turn to Page 2 for this brief summary.

Since we launched the Q1 report, we have seen improved

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