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Zinzino Independent Partner

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Press releases - Wednesday, July 5, 2023 11:00 AM CET

ZINZINO AB (PUBL): PRELIMINARY SALES REPORT Q2 2023

Zinzino group revenue increased 23% in Q2, compared with the previous year.

The revenue in June for Zinzino's sales markets increased by 20% and amounted to SEK 127.9 (106.9) million. Faun Pharma's external sales were unchanged and amounted to SEK 8.4 (8.4) million. Overall, the Group increased revenues by 18% to SEK 136.3 (115.3) million compared with the previous year.

Sales in Zinzino's sales markets increased by 24% in the second quarter of 2023 compared with the same period last year and amounted to SEK 384.0 (308.5) million. Total revenues in the Group increased by 23% in the second quarter and amounted to SEK 404.5 (329.5) million.

Accumulated revenue for January – June 2023 increased by 20% to SEK 798.2 (663.9) million.

Revenues were distributed as follows:

Regions, mSEK 23-Jun 22-Jun Change Q2 2023 Q2 2022 Change YTD 2023 YTD 2022 Change
The Nordics 23.3 24.4 -5% 71.1 75.9 -6% 144.7 156.2 -7%
Central Europe 35.8 24.4 47% 99.2 64.7 53% 190.1 123.9 53%
East Europe 28.4 24.3 17% 93.1 76.7 21% 185.6 160.0 16%
South & West Europe 21.7 12.9 68% 62.3 36.6 70% 111.3 74.7 49%
The Baltics 6.8 5.2 31% 21.4 16.4 30% 42.5 34.7 22%
North America 6.5 7.9 -18% 19.3 18.5 4% 38.9 32.6 19%
Asia-Pacific 4.4 7.1 -38% 14.3 17.9 -20% 29.9 34.3 -13%
Africa 1.0 0.7 43% 3.3 1.8 83% 7.1 3.2 122%
Zinzino 127.9 106.9 20% 384.0 308.5 24% 750.1 619.6 21%
Faun Pharma 8.4 8.4 0% 20.5 21.0 -2% 48.1 44.3 9%
Zinzino Group 136.3 115.3 18% 404.5 329.5 23% 798.2 663.9 20%

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
-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, +46 (0) 8 463 83 00, email: certifiedadviser@penser.se