Press releases - Thursday, April 4, 2024 10:00 AM CET
ZINZINO AB (PUBL): PRELIMINARY SALES REPORT Q1 2024
Zinzino group revenue increased with a total of 14 % in Q1 compared with the previous year.
The revenue in March for Zinzino's sales markets increased by 9% and amounted to SEK 148.9 (136.2) million. Faun Pharma's external sales decreased with 1 % and amounted to SEK 9.7 (9.8) million. Overall, the Group increased revenues by 9% to SEK 158.6 (146.0) million compared with the previous year.
The group revenue increased with 14 % for Q1 2024 compared with the first quarter last year and amounted to SEK 450.4 (393.7) million.
Revenues were distributed as follows:
| Regions, mSEK | 24-mar | 23-mar | Change | Q1 2024 | Q1 2023 | Change |
| The Nordics | 22.6 | 26.8 | -16% | 66.8 | 73.6 | -9% |
| Central Europe | 41.7 | 35.5 | 17% | 117.8 | 90.9 | 30% |
| East Europe | 32.1 | 34.6 | -7% | 93.3 | 92.5 | 1% |
| South & West Europe | 25.7 | 18.7 | 37% | 70.7 | 49,0 | 44% |
| The Baltics | 7.9 | 7.7 | 3% | 23.6 | 21.1 | 12% |
| North America | 12.7 | 7,0 | 81% | 34.7 | 19.6 | 77% |
| Asia-Pacific | 5,0 | 4.5 | 11% | 12.7 | 15.6 | -19% |
| Africa | 1.2 | 1.4 | -14% | 3.3 | 3.8 | -13% |
| Zinzino | 148.9 | 136.2 | 9% | 422.9 | 366.1 | 16% |
| Faun Pharma | 9.7 | 9.8 | -1% | 27.5 | 27.6 | 0% |
| Zinzino Group | 158.6 | 146.0 | 9% | 450.4 | 393.7 | 14% |
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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