ZINZINO AB (PUBL): PRELIMINARY SALES REPORT Q3 2023

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Oct 04, 2023, 04:26 ET

Zinzino group revenue increased 24% in Q3, compared with the previous year

GOTHENBURG, Sweden, Oct. 4, 2023 /PRNewswire/ -- The revenue in September for Zinzino's sales markets increased by 19 % and amounted to SEK 145.6 (122.4) million. Faun Pharma's external sales increased by 56 % and amounted to SEK 9.5 (6.1) million. Overall, the Group increased revenues by 21% to SEK 155.1 (128.5) million compared with the previous year.

Sales in Zinzino's sales markets increased by 24% in the third quarter of 2023 compared with the same period last year and amounted to SEK 411.3 (332.9) million. Total revenues in the Group increased by 24 % in the third quarter and amounted to SEK 434.0 (349.9) million.

Accumulated revenue for January - September 2023 increased by 22% to SEK 1235.6 (1013.8) million.

Revenues were distributed as follows:

Regions, mSEK	23-Sep	22-Sep	Change	Q3 2023	Q3 2022	Change	YTD 2023	YTD 2022	Change
The Nordics	25.0	28.6	-13 %	71.8	79.5	-10 %	216.6	235.7	-8 %
Central Europe	36.4	27.6	32 %	111.3	72.7	53 %	302.5	196.5	54 %
East Europe	32.3	29.1	11 %	94.7	77.7	22 %	281.7	237.8	18 %
South & West Europe	25.8	15.2	70 %	68.1	39,3.	73 %	179.6	114.0	58 %
The Baltics	8.1	6.8	19 %	23.9	17.9	34 %	66.6	52.6	27 %
North America	12.8	6.1	110 %	27.0	19.4	39 %	66.1	52.0	27 %
Asia-Pacific	4.2	7.7	-45 %	11.5	23.4	-51 %	41.5	57.7	-28 %
Africa	1.0	1.3	-23 %	2.9	3.0	-2 %	10.0	6.2	61 %
Zinzino	145.6	122.4	19 %	411.3	332.9	24 %	1164.6	952.5	22 %
Faun Pharma	9.5	6.1	56 %	22.8	17.0	34 %	71.0	61.3	16 %
Zinzino Group	155.1	128.5	21 %	434.0	349.9	24 %	1235.6	1013.8	22 %

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