ZINZINO AB (PUBL): PRELIMINARY SALES REPORT JULY 2020

Strong sales growth during July; Zinzino group revenue increased with a total of 44%, compared with the previous year.

The revenue in July for Zinzino's sales markets increased by 45% to MSEK 87.5 (60.3) primarily due to strong growth foremost in Central Europe. Faun Pharma's external sales increased by 21% and amounted to MSEK 4.0 (3.3). Overall, the Group increased revenues by 44% to MSEK 91.5 (63.6) compared with the previous year.

Accumulated revenue for January–July 2020 increased by 48% MSEK 607.9 (410.9).

Revenues distributed as follows:

Regions,MSEK 20-July 19-July Change YTD 2020 YTD 2019 Change
Nordic Markets 32.5 31.0 5% 224.7 216.8 4%
Europe Other Markets 45.3 22.3 103% 280.2 120.6 132%
Baltic Markets 5.2 4.5 16% 38.5 30.9 25%
North America 3.5 2.0 75% 20.5 13.2 55%
Australia 1.0 0.5 100% 10.7 1.9 463%
Zinzino 87.5 60.3 45% 574.5 383.4 50%
Faun Pharma 4.0 3.3 21% 33.4 27.5 21%
Zinzino Group 91.5 63.6 44% 607.9 410.9 48%

 
For more information:

Dag Bergheim Pettersen CEO Zinzino +47 (0) 932 25 700, zinzino.com

Pictures for publication free of charge:
Marcus Tollbom +46 (0) 70 190 03 12, marcus.tollbom@zinzino.com

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 13:00 the 5th of August 2020.

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

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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 and Adelaide. Zinzino is a public company and its shares are listed on Nasdaq First North Growth Market.

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