ZINZINO AB (PUBL): PRELIMINARY SALES REPORT Q2 2024

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Jul 03, 2024, 05:23 ET

Zinzino group revenue increased 24% in Q2, compared with the previous year

GOTHENBURG, Sweden, July 3, 2024 /PRNewswire/ -- 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