Zinzino group revenue increased with a total of 14 % in Q1 compared with the previous year.
GOTHENBURG, Sweden, April 4, 2024 /PRNewswire/ -- The revenue in March for Zinzino's sales markets increased by 9% and amounted to SEK 148.9 (136.2) million. Faun Pharma's external sales decreased with 1 % and amounted to SEK 9.7 (9.8) million. Overall, the Group increased revenues by 9% to SEK 158.6 (146.0) million compared with the previous year.
The group revenue increased with 14 % for Q1 2024 compared with the first quarter last year and amounted to SEK 450.4 (393.7) million.
Revenues were distributed as follows:
Regions, mSEK | 24-mar | 23-mar | Change | Q1 2024 | Q1 2023 | Change |
The Nordics | 22.6 | 26.8 | -16 % | 66.8 | 73.6 | -9 % |
Central Europe | 41.7 | 35.5 | 17 % | 117.8 | 90.9 | 30 % |
East Europe | 32.1 | 34.6 | -7 % | 93.3 | 92.5 | 1 % |
South & West Europe | 25.7 | 18.7 | 37 % | 70.7 | 49,0 | 44 % |
The Baltics | 7.9 | 7.7 | 3 % | 23.6 | 21.1 | 12 % |
North America | 12.7 | 7,0 | 81 % | 34.7 | 19.6 | 77 % |
Asia-Pacific | 5,0 | 4.5 | 11 % | 12.7 | 15.6 | -19 % |
Africa | 1.2 | 1.4 | -14 % | 3.3 | 3.8 | -13 % |
Zinzino | 148.9 | 136.2 | 9 % | 422.9 | 366.1 | 16 % |
Faun Pharma | 9.7 | 9.8 | -1 % | 27.5 | 27.6 | 0 % |
Zinzino Group | 158.6 | 146.0 | 9 % | 450.4 | 393.7 | 14 % |
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)
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/zinzino/r/zinzino-ab--publ--preliminary-sales-report-q1-2024,c3956326
The following files are available for download:
https://mb.cision.com/Public/10976/3956326/b08b1cad986bf382.pdf | 2403 Pressrelease Salesreport EN |
View original content:https://www.prnewswire.co.uk/news-releases/zinzino-ab-publ-preliminary-sales-report-q1-2024-302108224.html
