Press releases - Wednesday, October 4, 2023 10:00 AM CET
ZINZINO AB (PUBL): PRELIMINARY SALES REPORT Q3 2023
Zinzino group revenue increased 24% in Q3, compared with the previous year.
The revenue in September for Zinzino's sales markets increased by 19 % and amounted to SEK 145.6 (122.4) million. Faun Pharma's external sales increased by 56 % and amounted to SEK 9.5 (6.1) million. Overall, the Group increased revenues by 21% to SEK 155.1 (128.5) million compared with the previous year.
Sales in Zinzino's sales markets increased by 24% in the third quarter of 2023 compared with the same period last year and amounted to SEK 411.3 (332.9) million. Total revenues in the Group increased by 24 % in the third quarter and amounted to SEK 434.0 (349.9) million.
Accumulated revenue for January – September 2023 increased by 22% to SEK 1235.6 (1013.8) million.
Revenues were distributed as follows:
| Regions, mSEK | 23-Sep | 22-Sep | Change | Q3 2023 | Q3 2022 | Change | YTD 2023 | YTD 2022 | Change |
| The Nordics | 25.0 | 28.6 | -13% | 71.8 | 79.5 | -10% | 216.6 | 235.7 | -8% |
| Central Europe | 36.4 | 27.6 | 32% | 111.3 | 72.7 | 53% | 302.5 | 196.5 | 54% |
| East Europe | 32.3 | 29.1 | 11% | 94.7 | 77.7 | 22% | 281.7 | 237.8 | 18% |
| South & West Europe | 25.8 | 15.2 | 70% | 68.1 | 39,3. | 73% | 179.6 | 114.0 | 58% |
| The Baltics | 8.1 | 6.8 | 19% | 23.9 | 17.9 | 34% | 66.6 | 52.6 | 27% |
| North America | 12.8 | 6.1 | 110% | 27.0 | 19.4 | 39% | 66.1 | 52.0 | 27% |
| Asia-Pacific | 4.2 | 7.7 | -45% | 11.5 | 23.4 | -51% | 41.5 | 57.7 | -28% |
| Africa | 1.0 | 1.3 | -23% | 2.9 | 3.0 | -2% | 10.0 | 6.2 | 61% |
| Zinzino | 145.6 | 122.4 | 19% | 411.3 | 332.9 | 24% | 1164.6 | 952.5 | 22% |
| Faun Pharma | 9.5 | 6.1 | 56% | 22.8 | 17.0 | 34% | 71.0 | 61.3 | 16% |
| Zinzino Group | 155.1 | 128.5 | 21% | 434.0 | 349.9 | 24% | 1235.6 | 1013.8 | 22% |
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:
Erik Penser Bank Aktiebolag
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