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Stephan Petrowitsch

Zinzino Independent Partner

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Press releases - torsdag 3. oktober 2024 16.00 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)