Scandic Hotels Group AB (publ) reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was SEK 2,724 million compared to SEK 927 million a year ago. Revenue was SEK 2,733 million compared to SEK 930 million a year ago. Net loss was SEK 641 million compared to SEK 1,080 million a year ago. Basic loss per share from continuing operations was SEK 3.35 compared to SEK 5.65 a year ago. Diluted loss per share from continuing operations was SEK 3.35 compared to SEK 5.65 a year ago.