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

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)

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/zinzino/r/zinzino-ab--publ--preliminary-sales-report-q2-2024,c4010624

The following files are available for download:


     
     https://mb.cision.com/Public/10976/4010624/86c7fdf582dfad85.pdf 2406 Pressrelease Salesreport
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