ZINZINO AB (PUBL): PRELIMINARY SALES REPORT Q2 2023

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Jul 05, 2023, 05:24 ET

Zinzino group revenue increased 23% in Q2, compared with the previous year

GOTHENBURG, Sweden, July 5, 2023 /PRNewswire/ -- The revenue in June for Zinzino's sales markets increased by 20% and amounted to SEK 127.9 (106.9) million. Faun Pharma's external sales were unchanged and amounted to SEK 8.4 (8.4) million. Overall, the Group increased revenues by 18% to SEK 136.3 (115.3) million compared with the previous year.

Sales in Zinzino's sales markets increased by 24% in the second quarter of 2023 compared with the same period last year and amounted to SEK 384.0 (308.5) million. Total revenues in the Group increased by 23% in the second quarter and amounted to SEK 404.5 (329.5) million.

Accumulated revenue for January – June 2023 increased by 20% to SEK 798.2 (663.9) million.

Revenues were distributed as follows:

Regions, mSEK	23-Jun	22-Jun	Change	Q2 2023	Q2 2022	Change	YTD 2023	YTD 2022	Change
The Nordics	23.3	24.4	-5 %	71.1	75.9	-6 %	144.7	156.2	-7 %
Central Europe	35.8	24.4	47 %	99.2	64.7	53 %	190.1	123.9	53 %
East Europe	28.4	24.3	17 %	93.1	76.7	21 %	185.6	160.0	16 %
South & West Europe	21.7	12.9	68 %	62.3	36.6	70 %	111.3	74.7	49 %
The Baltics	6.8	5.2	31 %	21.4	16.4	30 %	42.5	34.7	22 %
North America	6.5	7.9	-18 %	19.3	18.5	4 %	38.9	32.6	19 %
Asia-Pacific	4.4	7.1	-38 %	14.3	17.9	-20 %	29.9	34.3	-13 %
Africa	1.0	0.7	43 %	3.3	1.8	83 %	7.1	3.2	122 %
Zinzino	127.9	106.9	20 %	384.0	308.5	24 %	750.1	619.6	21 %
Faun Pharma	8.4	8.4	0 %	20.5	21.0	-2 %	48.1	44.3	9 %
Zinzino Group	136.3	115.3	18 %	404.5	329.5	23 %	798.2	663.9	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, Slovenia, Spain, United Kingdom, Belgium, Ireland, Turkey
-The Baltics: Estonia, Latvia, Lithuania
-North America: Canada, USA
-Asia-Pacific: Australia, Hong Kong, India, Malaysia, Singapore, Taiwan, Thailand
-Africa: South Africa