Scandic Hotels Group AB
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Scandic Hotels Group AB
Gross Margin
Scandic Hotels Group AB
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | SE |
| Market Cap | 15B SEK |
| Gross Margin |
72%
|
| Country | US |
| Market Cap | 171.8B USD |
| Gross Margin |
0%
|
| Country | CN |
| Market Cap | 2.7T MXN |
| Gross Margin |
67%
|
| Country | US |
| Market Cap | 87.3B USD |
| Gross Margin |
71%
|
| Country | US |
| Market Cap | 79.2B USD |
| Gross Margin |
20%
|
| Country | US |
| Market Cap | 64.9B USD |
| Gross Margin |
49%
|
| Country | US |
| Market Cap | 61.9B USD |
| Gross Margin |
38%
|
| Country | CN |
| Market Cap | 325.6B HKD |
| Gross Margin |
81%
|
| Country | US |
| Market Cap | 31.5B USD |
| Gross Margin |
52%
|
| Country | UK |
| Market Cap | 22.7B GBP |
| Gross Margin |
36%
|
| Country | US |
| Market Cap | 23.8B USD |
| Gross Margin |
89%
|
Scandic Hotels Group AB
Glance View
Scandic Hotels Group AB engages in the hotel businesses. The company is headquartered in Stockholm, Stockholm and currently employs 6,460 full-time employees. The company went IPO on 2015-12-02. The Company’s main market in which the Group operates in: Sweden, which includes Swedish hotels that are operated under the Scandic brand; Norway, which includes Norwegian hotels that are operated under the Scandic brand, and Other Nordic countries & segments include hotel operation in Belgium, Denmark, Finland, the Netherlands, Poland and Germany, as well as the hotel concept HTL, which is operated by the sub-group HTL Hotels. The firm operates a network of approximately 224 hotels and almost 42,000 hotel rooms in seven countries. Scandic Hotels Group AB is a wholly owned subsidiary of Sunstorm Holding AB.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Scandic Hotels Group AB's most recent financial statements, the company has Gross Margin of 71.6%.
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