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BRIEF-Scandic hotels Q1 adjusted.EBITDA SEK 154 million
May 10, 2017 / 5:43 AM / 7 months ago

BRIEF-Scandic hotels Q1 adjusted.EBITDA SEK 154 million

May 10 (Reuters) - SCANDIC HOTELS GROUP AB:

* Q1 NET SALES INCREASED BY 19.3% TO 3,095 MSEK (2,594) DUE TO HIGHER REVPAR, MORE ROOMS IN OPERATION AND POSITIVE CURRENCY EFFECTS

* Q1 ADJUSTED. EBITDA SEK 154 MILLION (REUTERS POLL SEK 130 MILLION)

* Q1 NET LOSS SEK 34 MILLION (REUTERS POLL LOSS SEK 30.9 MILLION) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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