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Confidentia Trading GmbH Elisabeth Herb

Zinzino Independent Partner

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Press releases - Wednesday, July 3, 2024 11:00 AM CET

ZINZINO AB (PUBL): PRELIMINARY SALES REPORT Q2 2024

Zinzino group revenue increased 24% in Q2, compared with the previous year.

The revenue in June for Zinzino's sales markets increased by 13% and amounted to SEK 148.5 (131.4) million. Faun Pharma's external sales decreased and amounted to SEK 5.8 (8.5) million. Overall, the Group increased revenues by 10% to SEK 154.3 (139.9) million compared with the previous year.

Revenue in Zinzino's sales markets increased by 24% in the second quarter of 2024 compared with the same period last year and amounted to SEK 481.9 (387.3) million. Total revenues in the Group increased by 24% in the second quarter and amounted to SEK 505.4 (407.9) million.

Accumulated revenue for January – June 2024 increased by 20% to SEK 959.9 (801.6) million.

Revenues were distributed as follows:

Regions, mSEK 24-jun 23-jun Change Q2 2024 Q2 2023 Change YTD 2024 YTD 2023 Change
The Nordics 22.5 23.7 -5% 73.1 71.2 3% 141.2 144.8 -2%
Central Europe 41.8 36.9 13% 136.7 100.3 36% 256.2 191.2 34%
East Europe 32.0 29.8 7% 97.8 94.4 4% 191.6 187.0 2%
South & West Europe 27.4 21.9 25% 88.0 62.5 41% 158.6 111.5 42%
The Baltics 6.8 7.0 -3% 23.9 21.6 11% 47.7 42.7 12%
North America 14.4 6.6 118% 46.1 19.5 136% 81.5 39.1 108%
Asia-Pacific 2.5 4.5 -44% 12.7 14.4 -12% 25.1 30.0 -16%
Africa 1.1 1,0 10% 3.6 3.4 6% 6.9 7.1 -3%
Zinzino 148.5 131.4 13% 481.9 387.3 24% 908.8 753.4 21%
Faun Pharma 5.8 8.5 -32% 23.5 20.6 14% 51.1 48.2 6%
Zinzino Group 154.3 139.9 10% 505.4 407.9 24% 959.9 801.6 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, Serbia, 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)