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