Scandic Hotels Group AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 6,307 million compared to SEK 5,994 million a year ago. Revenue was SEK 6,327 million compared to SEK 5,994 million a year ago. Net income was SEK 550 million compared to SEK 622 million a year ago. Basic earnings per share from continuing operations was SEK 3.05 compared to SEK 3.41 a year ago. Diluted earnings per share from continuing operations was SEK 2.51 compared to SEK 2.8 a year ago.
For the nine months, sales was SEK 16,525 million compared to SEK 14,002 million a year ago. Revenue was SEK 16,545 million compared to SEK 14,006 million a year ago. Net income was SEK 501 million compared to SEK 402 million a year ago. Basic earnings per share from continuing operations was SEK 3.14 compared to SEK 2.57 a year ago. Diluted earnings per share from continuing operations was SEK 2.58 compared to SEK 2.12 a year ago.