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Steve Denby

Zinzino Independent Partner

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Press releases - föstudagur, 5. janúar 2024 10:00 CET

ZINZINO AB (PUBL): PRELIMINARY SALES REPORT 2023

Zinzino group total revenue increased 23% in Q4 and total revenue for the full year 2023 increased 23%, compared to the previous year.

The revenue in December for Zinzino's sales markets increased by 23 % and amounted to SEK 152.4 (123.8) million. Faun Pharma's external sales decreased and amounted to SEK 5.0 (5.1) million. Overall, the Group increased revenues by 22% to SEK 157.4 (128.9) million compared with the previous year.

Sales in Zinzino's sales markets increased by 24% in the fourth quarter of 2023 compared with the same period last year and amounted to SEK 511.2 (413.3) million. Total revenues in the Group increased by 23 % in the fourth quarter and amounted to SEK 529.8 (429.3) million.

Accumulated revenue for January – December 2023 increased by 23% to SEK 1768.3 (1443.1) million.

Revenues were distributed as follows:

Regions, mSEK 23-Dec 22-Dec Change Q4 2023 Q4 2022 Change YTD 2023 YTD 2022 Change
The Nordics 26.7 34.3 -22% 82.9 90.9 -9% 300.0 326.6 -8%
Central Europe 43.3 27.8 56% 134.9 94.3 43% 437.9 290.8 51%
East Europe 32,0 27,0 19% 113.0 103.4 9% 394.3 341.2 16%
South & West Europe 25,0 14.9 68% 86.8 50.6 72% 267,0 164.6 62%
The Baltics 8.4 7.2 17% 31.5 25.3 24% 98.3 77.9 26%
North America 10.6 5.6 89% 43.0 25.2 71% 110.8 77.2 44%
Asia-Pacific 5.5 5.8 -5% 15.8 19.8 -20% 56.8 77.5 -27%
Africa 0.9 1.2 -25% 3.2 3.8 -15% 13.2 10,0 32%
Zinzino 152.4 123.8 23% 511.2 413.3 24% 1678.3 1365.8 23%
Faun Pharma 5,0 5.1 -2% 18.7 16,0 17% 90,0 77.3 16%
Zinzino Group 157.4 128.9 22% 529.8 429.3 23% 1768.3 1443.1 23%

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, 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)