ZINZINO AB (PUBL): INTERIM REPORT FIRST QUARTER 2023
HIGH SALES GROWTH AND STRONG PROFITABILITY IN THE FIRST QUARTER Revenues during the first quarter of 2023 amounted to SEK 393.7 (334.4) million, which corresponded to 18% (0%) growth compared to the corresponding period last year. EBITDA increased to SEK 44.4 (25.8) million and the EBITDA margin increased to 11.3% (7.7%), which showed that the company has managed to increase profitability through efficiency and economies of scale despite high inflation and great uncertainty around the world. During the quarter, there was also the start of sales in Turkey and the launch of new digital