ZINZINO AB (PUBL): PRELIMINARY SALES REPORT 2018

CONSISTENT SALES GROWTH DURING 2018; REVENUE INCREASED 8% COMPARED WITH THE PREVIOUS YEAR.

Zinzino’s total revenues for the fourth quarter of 2018 amounted to 164.0 (154.7) MSEK, corresponding to sales growth of 6 % compared to the fourth quarter 2017.

Accumulated for 2018, total revenues amounted to 585.6 (540.3) MSEK, corresponding to an increase of 8% compared with the previous year.

Revenues distributed as follows:

Regions,MSEK Q4 2018 Q4 2017 Difference 2018 2017 Difference
Norden 111,0 121,8 -9% 418,9 426,6 -2%
Baltikum 13,0 11,6 13% 44,8 39,6 13%
Centraleuropa 30,5 13,0 134% 90,2 42,3 113%
Sydeuropa 4,0 3,0 33% 10,7 8,1 32%
Nordamerika 5,5 5,4 2% 21,0 23,8 -12%
164,0 154,7 6% 585,6 540,3 8%


Segments,MSEK Q4 2018 Q4 2017 Difference 2018 2017 Difference
Health 119,2 109,3 10% 426,4 379,4 13%
Coffee 11,6 13,1 -7% 42,5 46,8 -8%
Other 17,3 15,9 0% 53,1 49,4 5%
Faun 15,9 16,4 -4% 63,6 64,7 -2%
164,0 154,7 6% 585,6 540,3 8%

Our revenues for the past year met our forecasted numbers and we expect more growth in 2019 in combination with expansion in several exciting markets," according Dag Bergheim Pettersen, CEO Zinzino "

For more information please contact:
Dag Bergheim Pettersen, CEO Zinzino, tel. +47 (0) 932 25 700 www.zinzino.se

Pictures for free publication:
Marcus Tollbom, tel. +46 (0) 70-190 03 12

Certified Adviser:
Erik Penser Bank Aktiebolag: +46 (0)8 463 83 00 Email: certifiedadviser@penser.se 

Zinzino AB (publ) is obliged to publish this information in compliance with current EU regulations governing market abuse. The information was provided by the above contact person for publication at 09:00 the 29th of January, 2019.

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About Us

Zinzino AB (publ.) is a global Direct Sales company that markets and sells test-based nutrition, skincare and life-style products. Zinzino owns the Norwegian company BioActive Foods AS and the research and production unit Faun Pharma AS. Zinzino is based in Gothenburg, with additional offices in Helsinki, Riga, Oslo, Florida, Adelaide and Hong Kong. Zinzino is a public company and its shares are listed on Nasdaq First North Premier Growth Market.

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