GOTHENBURG, Sweden, Jan. 7, 2025 /PRNewswire/ -- Zinzino group revenue increased 34% in Q4 and total revenue for the full year 2024 increased 25%, compared with the previous year.
The revenue in December for Zinzino's sales markets increased by 59% and amounted to SEK 239.6 (150.3) million. Faun Pharma's external sales increased and amounted to SEK 5.6 (5.1) million. Overall, the Group increased revenues by 58% to SEK 245.2 (155.4) million compared with the previous year.
Sales in Zinzino's sales markets increased by 34% in the fourth quarter of 2024 compared with the same period last year and amounted to SEK 683.0 (509.1) million. Total revenue in the Group increased by 34% in the fourth quarter and amounted to SEK 706.1 (527.9) million.
Accumulated revenue for January - December 2024 increased by 25% to SEK 2200.4 (1766.4) million.
Revenues were distributed as follows:
Regions, mSEK | 24-Dec | 23-Dec | Change | Q4 2024 | Q4 2023 | Change | YTD 2024 | YTD 2023 | Change | |
The Nordics | 29,1 | 26,3 | 11 % | 87,5 | 82,8 | 6 % | 301,5 | 299,9 | 1 % | |
Central Europe | 73,2 | 43,7 | 68 % | 197,5 | 135,2 | 46 % | 591,9 | 438,3 | 35 % | |
East Europe | 34,8 | 32,1 | 8 % | 120,8 | 113,1 | 7 % | 400,7 | 394,3 | 2 % | |
South & West Europe | 50,5 | 23,7 | 113 % | 132,8 | 85,5 | 55 % | 397,3 | 265,7 | 50 % | |
The Baltics | 12,0 | 8,2 | 46 % | 38,3 | 31,2 | 23 % | 107,7 | 98,0 | 10 % | |
North America | 21,5 | 10,3 | 109 % | 66,6 | 42,7 | 56 % | 200,6 | 110,5 | 82 % | |
Asia-Pacific | 16,8 | 5,1 | 229 % | 33,7 | 15,4 | 119 % | 81,2 | 56,4 | 44 % | |
Africa | 1,7 | 0,9 | 89 % | 5,9 | 3,2 | 83 % | 16,8 | 13,2 | 27 % | |
Zinzino | 239,6 | 150,3 | 59 % | 683,0 | 509,1 | 34 % | 2097,7 | 1676,3 | 25 % | |
Faun Pharma | 5,6 | 5,1 | 10 % | 23,0 | 18,8 | 22 % | 102,7 | 90,1 | 14 % | |
Zinzino Group | 245,2 | 155,4 | 58 % | 706,1 | 527,9 | 34 % | 2200,4 | 1766,4 | 25 % | |
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, Serbia, Turkey, Canary Islands
-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, www.zinzino.com
Pictures for publication free of charge: marketing@zinzino.com
Certified Adviser: Carnegie Investment Bank AB (publ.)
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https://news.cision.com/zinzino/r/zinzino-ab--publ--preliminary-sales-report-2024,c4088408
The following files are available for download:
https://mb.cision.com/Public/10976/4088408/8935fae545bbc3fb.pdf | 2412 Pressrelease Salesreport EN |
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