Press releases - 05 January 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)
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