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|
|Europe Other Markets||45.3||22.3||103%||280.2||120.6||132%|
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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.