Here you can find Pandox's annual reports since the IPO in 2015.
Annual Report 2020
2020 was a year like no other in the history of the hotel industry. The year was dominated by Covid-19 and the restrictions introduced to stop the spread of the virus, which had a clearly negative impact on demand in the hotel market.
Annual Report 2019
2019 was a year with a high business tempo in all areas with, among other things, several profitable acquisitions, a directed new share issue, extensive value-creating investments in existing portfolio and a good earnings development.
Annual Report 2017
Pandox maintained a high business tempo in 2017. In parallel with working with large
acquisitions, extensive investments and new leases, Pandox developed the existing portfolio.
Annual Report 2016
2016 was a high momentum business year, with good growth in earnings. The primary driving forces were a strong hotel market, a well-functioning strategy and an efficient organisation.