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
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)
The following files are available for download:
https://mb.cision.com/Public/10976/3904387/ba2a14ebb95c44cd.pdf | 2312 Pressrelease Salesreport EN |
View original content:https://www.prnewswire.co.uk/news-releases/zinzino-ab-publ-preliminary-sales-report-2023-302027063.html
