Scandic Hotels Group Future Growth

Future criteria checks 5/6

Scandic Hotels Group is forecast to grow earnings and revenue by 29.7% and 11.6% per annum respectively. EPS is expected to grow by 30% per annum. Return on equity is forecast to be 31.8% in 3 years.

Key information

29.7%

Earnings growth rate

30.03%

EPS growth rate

Hospitality earnings growth	10.2%
Revenue growth rate	11.6%
Future return on equity	31.79%
Analyst coverage	Good
Last updated	11 Nov 2025

Recent future growth updates

Scandic Hotels Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Nov 01

Recent updates

The Strong Earnings Posted By Scandic Hotels Group (STO:SHOT) Are A Good Indication Of The Strength Of The Business

Nov 06

Scandic Hotels Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Nov 01

With Scandic Hotels Group AB (publ) (STO:SHOT) It Looks Like You'll Get What You Pay For

Oct 31

If EPS Growth Is Important To You, Scandic Hotels Group (STO:SHOT) Presents An Opportunity

Oct 17

Partnership With Scandinavian Airlines Will Strain Earnings But Improve Future Prospects

Feb 09 Economic challenges in Finland and closed Russian border create uncertainty, potentially impacting future revenue negatively.

Investors Could Be Concerned With Scandic Hotels Group's (STO:SHOT) Returns On Capital

Jan 15

Scandic Hotels Group's (STO:SHOT) Robust Earnings Are Supported By Other Strong Factors

Nov 04

Scandic Hotels Group (STO:SHOT) Has A Somewhat Strained Balance Sheet

Oct 12

Scandic Hotels Group (STO:SHOT) May Have Issues Allocating Its Capital

Jul 21

Is Scandic Hotels Group (STO:SHOT) Using Too Much Debt?

Jun 30

Earnings and Revenue Growth Forecasts

OM:SHOT - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	28,706	1,403	5,239	6,682	6
12/31/2026	24,191	925	4,208	5,366	6
12/31/2025	22,487	771	3,710	4,720	6
9/30/2025	22,200	743	5,621	6,739	N/A
6/30/2025	22,010	723	5,638	6,749	N/A
3/31/2025	22,086	759	5,405	6,458	N/A
12/31/2024	21,959	643	5,333	6,389	N/A
9/30/2024	21,882	541	5,258	6,175	N/A
6/30/2024	22,007	554	5,459	6,314	N/A
3/31/2024	21,828	513	5,583	6,276	N/A
12/31/2023	21,935	532	5,873	6,394	N/A
9/30/2023	21,752	493	6,155	6,548	N/A
6/30/2023	21,439	565	6,058	6,496	N/A
3/31/2023	21,023	723	6,574	7,097	N/A
12/31/2022	19,230	394	5,797	6,432	N/A
9/30/2022	17,786	382	5,489	6,180	N/A
6/30/2022	15,526	-69	4,942	5,644	N/A
3/31/2022	11,889	-1,242	3,319	3,950	N/A
12/31/2021	10,086	-1,681	3,188	3,701	N/A
9/30/2021	7,680	-2,187	1,091	1,614	N/A
6/30/2021	6,031	-2,611	364	870	N/A
3/31/2021	5,057	-3,101	29	626	N/A
12/31/2020	7,470	-5,949	400	1,151	N/A
9/30/2020	10,924	-5,296	2,440	3,381	N/A
6/30/2020	14,034	-4,656	2,960	3,996	N/A
3/31/2020	18,222	-3,242	3,749	4,942	N/A
12/31/2019	18,945	722	3,912	5,067	N/A
9/30/2019	18,709	759	3,125	4,249	N/A
6/30/2019	18,387	767	N/A	3,183	N/A
3/31/2019	18,282	853	N/A	2,378	N/A
12/31/2018	18,007	674	N/A	1,723	N/A
9/30/2018	17,155	668	N/A	1,441	N/A
6/30/2018	16,256	649	N/A	1,611	N/A
3/31/2018	15,278	600	N/A	1,483	N/A
12/31/2017	14,582	707	N/A	1,544	N/A
9/30/2017	14,303	835	N/A	1,635	N/A
6/30/2017	13,906	893	N/A	1,703	N/A
3/31/2017	13,583	944	N/A	1,730	N/A
12/31/2016	13,082	879	N/A	1,609	N/A
9/30/2016	12,703	612	N/A	1,477	N/A
6/30/2016	12,400	282	N/A	1,265	N/A
3/31/2016	12,122	86	N/A	1,127	N/A
12/31/2015	12,192	117	N/A	1,186	N/A
9/30/2015	12,158	-241	N/A	988	N/A
12/31/2014	10,826	-439	N/A	790	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHOT's forecast earnings growth (29.7% per year) is above the savings rate (1.7%).

Earnings vs Market: SHOT's earnings (29.7% per year) are forecast to grow faster than the Swedish market (12.6% per year).

High Growth Earnings: SHOT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SHOT's revenue (11.6% per year) is forecast to grow faster than the Swedish market (3.8% per year).

High Growth Revenue: SHOT's revenue (11.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SHOT's Return on Equity is forecast to be high in 3 years time (31.8%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/15 15:23
End of Day Share Price	2025/11/14 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Scandic Hotels Group AB (publ) is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stuart Gordon	Berenberg
Andre Juillard	Deutsche Bank
Karl-Johan Bonnevier	DNB Carnegie

Scandic Hotels Group Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Scandic Hotels Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Consensus EPS estimates fall by 11%

Consensus EPS estimates increase by 28%

Price target increased by 8.1% to kr69.03

Consensus EPS estimates fall by 15%

Price target increased by 8.9% to kr63.33

Recent updates

The Strong Earnings Posted By Scandic Hotels Group (STO:SHOT) Are A Good Indication Of The Strength Of The Business

Scandic Hotels Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Chief Financial Officer recently bought kr422k worth of stock

With Scandic Hotels Group AB (publ) (STO:SHOT) It Looks Like You'll Get What You Pay For

Third quarter 2025 earnings: EPS and revenues miss analyst expectations

Scandic Hotels Group AB (publ), Annual General Meeting, May 05, 2026

Scandic Hotels Group AB (publ) to Report Q1, 2026 Results on Apr 22, 2026

If EPS Growth Is Important To You, Scandic Hotels Group (STO:SHOT) Presents An Opportunity

President & CEO recently sold kr8.4m worth of stock

Second quarter 2025 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 11%

Scandic Hotels Group AB (publ) to Report Fiscal Year 2025 Results on Feb 18, 2026

Scandic Hotels Group AB (publ) to Report Q3, 2025 Results on Oct 29, 2025

Scandic Hotels Group AB (publ) Approves Appointment of Lars-Åke Bokenberger as Members of the Board of Directors

Scandic Hotels Group AB (Publ) Approves Dividend, Payable on 13 May 2025 and 13 November 2025

Upcoming dividend of kr1.30 per share

Consensus EPS estimates increase by 28%

Chief Financial Officer recently bought kr218k worth of stock

Full year 2024 earnings: Revenues and EPS in line with analyst expectations

Scandic Hotels Group AB (publ) to Report Q2, 2025 Results on Jul 15, 2025

Michael Levie Not to Stand for Re-Election as Board of Director of Scandic Hotels Group AB (publ)

Full year 2024 earnings: Revenues and EPS in line with analyst expectations

Partnership With Scandinavian Airlines Will Strain Earnings But Improve Future Prospects

Price target increased by 8.1% to kr69.03

Chief Financial Officer recently bought kr200k worth of stock

Scandic Hotels Group AB (publ) to Report Q1, 2025 Results on Apr 15, 2025

Scandic Hotels Group AB (Publ) Proposes Dividend

Upcoming dividend of kr2.50 per share

Consensus EPS estimates fall by 15%

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Scandic Hotels Group AB (publ) Proposes Extra Dividend

Price target increased by 8.9% to kr63.33

Scandic Hotels Group AB (publ), Annual General Meeting, May 06, 2025

Chief Financial Officer recently bought kr248k worth of stock

Second quarter 2024 earnings: EPS misses analyst expectations

New minor risk - Shareholder dilution

Scandic Hotels Group AB (publ) Elects Michael Levie and Frank Veenstra as Members of the Board of Directors

Consensus EPS estimates increase by 53%

Scandic Hotels Group AB (publ) to Report Fiscal Year 2024 Results on Feb 19, 2025

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Scandic Hotels Group AB (publ) to Report Nine Months, 2024 Results on Oct 30, 2024

Scandic Hotels Group AB (publ) Announces Board Changes

Director recently sold kr13m worth of stock

Scandic Hotels Group AB (publ) Announces Not Standing for Re-Election

Consensus EPS estimates fall by 22%, revenue upgraded

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 9.9% to kr53.78

An unknown buyer acquired 4.7% stake in Scandic Hotels Group AB (publ) (OM:SHOT) from Stena Sessan AB.

Head of Europe recently sold kr363k worth of stock

Scandic Hotels Group AB Announces Management Appointments

Scandic Hotels Group AB (publ), Annual General Meeting, May 16, 2024

Third quarter 2023 earnings released: EPS: kr2.88 (vs kr3.25 in 3Q 2022)

Scandic Hotels Group AB (publ) to Report Q1, 2024 Results on Apr 24, 2024

Director recently bought kr743k worth of stock

Eiendomsspar AS (OTCNO:EISP) acquired an unknown additional stake in Scandic Hotels Group AB (publ) (OM:SHOT).

Scandic Hotels Group AB (publ) to Report Fiscal Year 2023 Results on Feb 14, 2024

Scandic Hotels Group Appoints Malin Selander as New Communications Director

Scandic Hotels Group's (STO:SHOT) Returns Have Hit A Wall

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Insufficient new directors

Consensus EPS estimates increase by 13%

Head of Finland recently sold kr851k worth of stock

Head of Finland recently sold kr851k worth of stock

Here's Why Scandic Hotels Group (STO:SHOT) Has A Meaningful Debt Burden

Investor sentiment improves as stock rises 17%

President & CEO recently bought kr982k worth of stock

Scandic Hotels Appoints Laura Tarkka as New Country Head of the Group's Operations in Finland as Well as A Member of Scandic's Executive Committee

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings released: EPS: kr2.06 (vs kr8.79 loss in FY 2021)