Press releases - Thursday, October 3, 2024 4:00 PM CET
ZINZINO AB (PUBL): PRELIMINARY SALES REPORT Q3 2024
Zinzino group revenue increased 22% in Q3, compared with the previous year.
The revenue in September for Zinzino's sales markets increased by 20 % and amounted to SEK 177.8 (148.3) million. Faun Pharma's external sales decreased and amounted to SEK 5.8 (9.9) million. Overall, the Group increased revenues by 16% to SEK 183.6 (158.2) million compared with the previous year.
Sales in Zinzino's sales markets increased by 22% in the third quarter of 2024 compared with the same period last year and amounted to SEK 503.9 (413.8) million. Total revenues in the Group increased by 22 % in the third quarter and amounted to SEK 531.9 (436.9) million.
Accumulated revenue for January – September 2024 increased by 21% to SEK 1493.5 (1238.5) million.
Revenues were distributed as follows:
| Regions, mSEK | 24-Sep | 23-Sep | Change | Q3 2024 | Q3 2023 | Change | YTD 2024 | YTD 2023 | Change |
| The Nordics | 25.0 | 25.5 | -2% | 72.0 | 72.3 | 0% | 213.6 | 217.1 | -2% |
| Central Europe | 48.8 | 37.0 | 32% | 138.7 | 111.8 | 24% | 394.5 | 303.0 | 30% |
| East Europe | 28.1 | 31.9 | -12% | 88.1 | 94.3 | -7% | 279.7 | 281.3 | -1% |
| South & West Europe | 38.1 | 26.4 | 44% | 104.3 | 68.7 | 52% | 264.6 | 180.2 | 47% |
| The Baltics | 7.2 | 8.3 | -13% | 22.0 | 24.1 | -9% | 69.5 | 66.8 | 4% |
| North America | 20.3 | 14.5 | 40% | 52.6 | 28.7 | 83% | 134.0 | 67.8 | 98% |
| Asia-Pacific | 9.1 | 3.7 | 146% | 21.8 | 11.0 | 98% | 47.1 | 41.0 | 15% |
| Africa | 1.2 | 1.0 | 20% | 3.9 | 2.9 | 36% | 10.8 | 10.0 | 8% |
| Zinzino | 177.8 | 148.3 | 20% | 503.5 | 413.8 | 22% | 1413.8 | 1167.2 | 21% |
| Faun Pharma | 5.8 | 9.9 | -41% | 28.4 | 23.1 | 23% | 79.7 | 71.3 | 12% |
| Zinzino Group | 183.6 | 158.2 | 16% | 531.9 | 436.9 | 22% | 1493.5 | 1238.5 | 21% |
Countries in regions:
-The Nordics: Denmark, Faroe Island, Finland, Iceland, Norway, Sweden
-Central Europe: Austria, Germany, Switzerland
-East Europe: Czech Republic, Slovakia, Hungary, Poland, Romania
-South & West Europe: Cyprus, France, Greece, Italy, Luxembourg, Malta, Netherlands, Slovenia, Spain, United Kingdom, Belgium, Ireland, Serbia, Turkey
-The Baltics: Estonia, Latvia, Lithuania
-North America: Canada, USA, Mexico
-Asia-Pacific: Australia, Hong Kong, India, Malaysia, Singapore, Taiwan, Thailand
-Africa: South Africa
For more information:
Dag Bergheim Pettersen CEO Zinzino +47 (0) 932 25 700, zinzino.com
Pictures for publication free of charge: marketing@zinzino.com
Certified Adviser: Carnegie Investment Bank AB (publ)
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