ZINZINO AB (PUBL): INTERIM REPORT THIRD QUARTER 2023

The total revenues during the third quarter of 2023 amounted to SEK 436.9 (349.9) million, which corresponded to 25% (12%) growth compared to the corresponding quarter of the previous year. The EBITDA result increased to SEK 71.2 (25.4) million for the quarter and the EBITDA margin increased to 16.3% (7.3%). As before, behind the margin improvement are primarily changes in the sales mix, efficiencies and economies of scale. During the quarter, a very successful sales launch was carried out in Mexico and BalanceTest no. 1,000,000 were analyzed at Vita's laboratory in Oslo, Norway. Given the good development, the board maintains its full-year forecast, which indicates that 2023 will be a record year.

The total revenues during the third quarter of 2023 amounted to SEK 436.9 (349.9) million, which corresponded to 25% (12%) growth compared to the corresponding quarter of the previous year. The EBITDA result increased to SEK 71.2 (25.4) million for the quarter and the EBITDA margin increased to 16.3% (7.3%). As before, behind the margin improvement are primarily changes in the sales mix, efficiencies and economies of scale. During the quarter, a very successful sales launch was carried out in Mexico and BalanceTest no. 1,000,000 were analyzed at Vita's laboratory in Oslo, Norway. Given the good development, the board maintains its full-year forecast, which indicates that 2023 will be a record year.

JULY-SEPTEMBER

JANUARY-SEPTEMBER

Link to the report:
https://www.zinzino.com/site/SE/sv-SE/om-oss/investerare/

For more information please contact:
Dag Bergheim Pettersen CEO Zinzino +47 (0) 932 25 700, email: dag@zinzino.com
Fredrik Nielsen CFO Zinzino +46 707 900 174, email: fredrik.nielsen@zinzino.com

Images for free publication :
marketing@zinzino.com

Certified Adviser: Erik Penser Bank Aktiebolag.

This information is information that Zinzino AB (publ) is obliged to make public according to the EU's market abuse regulation. The information was provided by the above contact person for publication at 08.00 on 16 November 2023.

The following files are available for download:

 

View original content:https://www.prnewswire.co.uk/news-releases/zinzino-ab-publ-interim-report-third-quarter-2023-301990295.html