ZINZINO AB (PUBL): PRELIMINARY SALES REPORT 2023

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Jan 05, 2024, 04:20 ET

GOTHENBURG, Sweden, Jan. 5, 2024 /PRNewswire/ -- 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