Zinzino AB Reports Robust August 2024 Sales Growth
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Zinzino Achieves Significant Revenue Growth in August 2024
Zinzino Group has reported an impressive total revenue increase of 39% compared to the previous year.
The revenue generated in August for Zinzino's sales markets rose by 38%, amounting to SEK 166.4 million, up from SEK 120.6 million. Notably, Faun Pharma's external sales surged by 58%, bringing in SEK 12.3 million compared to SEK 7.8 million last year. The Group's overall revenues climbed by 39% to SEK 178.7 million, markedly improving from SEK 128.4 million.
For the period covering January to August 2024, accumulated revenue increased by 21%, totaling SEK 1,309.4 million, up from SEK 1,080.3 million.
Revenue Distribution Overview
The distribution of revenues across various regions is as follows:
The Nordics: SEK 23.7 million (up from SEK 23.6 million, 0% change) for year-to-date totals: SEK 188.6 million (down from SEK 191.6 million, -2% change).
Central Europe: SEK 45.5 million (up from SEK 33.4 million, 36% growth) with year-to-date totals of SEK 345.4 million (up from SEK 266.0 million, 30% increase).
East Europe: SEK 31.3 million (up from SEK 27.1 million, 15% increase) and year-to-date totals of SEK 251.9 million (up from SEK 249.4 million, 1% growth).
South & West Europe: SEK 33.3 million (up from SEK 19.0 million, 75% increase) with year-to-date totals reaching SEK 226.9 million (up from SEK 153.8 million, 48% increase).
The Baltics: SEK 6.7 million (up from SEK 6.6 million, 2% increase) leading to year-to-date totals of SEK 62.2 million (up from SEK 58.5 million, 6% increase).
North America: SEK 15.5 million (up from SEK 6.9 million, 125% surge) and year-to-date totals of SEK 113.6 million (up from SEK 53.3 million, 113% increase).
Asia-Pacific: SEK 9.1 million (up from SEK 3.2 million, 184% increase) with a year-to-date total of SEK 37.3 million (no change from last year).
Africa: SEK 1.3 million (up from SEK 0.8 million, 63% increment) totaling SEK 9.6 million year-to-date (up from SEK 9.0 million, 7% increase).
Highlights from the Sales Report
Zinzino's overall figures for August 2024 include:
- Total Sales: SEK 178.7 million (up from SEK 128.4 million, 39% increase).
- Accumulated Revenue: SEK 1,309.4 million (up from SEK 1,080.3 million, 21% growth).
- Faun Pharma Performance: Record external sales growth, reaching SEK 12.3 million.
About Zinzino
Zinzino AB is dedicated to promoting health and wellness through its nutritional products and innovative business model. Their global presence exemplifies their commitment to providing wellness solutions tailored to diverse markets.
For more inquiries, please contact:
Dag Bergheim Pettersen, CEO of Zinzino, can be reached at +47 (0) 932 25 700. For additional information regarding their services and products, visit zinzino.com.
Frequently Asked Questions
What percentage did Zinzino's revenue grow in August 2024?
Zinzino's revenue grew by 39% compared to the previous year.
What was the total revenue for Zinzino in August 2024?
The total revenue for Zinzino in August 2024 was SEK 178.7 million.
How did Faun Pharma perform in August 2024?
Faun Pharma's external sales increased by 58%, reaching SEK 12.3 million.
How much did Zinzino's accumulated revenue increase from January to August 2024?
The accumulated revenue increased by 21%, totaling SEK 1,309.4 million.
What regions contributed to Zinzino's sales growth?
Zinzino experienced robust sales growth across various regions, including the Nordics, Central Europe, and North America.
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