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Mrkt BUZZ Zinzino: Continues to show strength

7 Jun 2023

Equity research Zinzino

On 5 June, Zinzino presented preliminary sales figures for May 2023. At a group level, revenues of SEK 147.3 million were reported, of which Zinzino had sales of SEK 140.1 million and Faun Pharma had sales of SEK 7.2 million. That corresponds to a growth of a high of 30.8%. This was better than our forecast of SEK 130.3 million. The deviation is mainly attributable to Southern & Western Europe, which grew by as much as 104.9% and important Central Europe, which grew by a robust 66.8%. Well worth noting is the increasing growth on a rolling 12-month basis.

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Mrkt BUZZ Zinzino: Continues to show strength