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)
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