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:
[email protected]
Certified Adviser:
Carnegie Investment Bank AB (publ)
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