Latest news with #Zinzino
Yahoo
4 days ago
- Business
- Yahoo
ZINZINO AB (PUBL.): PRELIMINARY SALES REPORT MAY 2025
Zinzino group revenue increased with a total of 54 %, compared with the previous year. GOTHENBURG, Sweden, June 4, 2025 /PRNewswire/ -- The revenue in May for Zinzino's sales markets increased by 58 % and amounted to SEK 277.6 (175.5) million. Faun Pharma's external sales decreased and amounted to SEK 7.6 (9.5) million. Overall, the Group increased revenues by 54 % to SEK 285.2 (185.0) million compared with the previous year. Accumulated revenue for January – May 2025 increased by 57 % to SEK 1,261.7 (805.6) million. Revenues were distributed as follows: Regions,MSEK 25-May 24-May Change YTD 2025 YTD 2024 Change The Nordics 29.3 25.7 14 % 129.8 118.8 9 % Central Europe 74.0 49.5 49 % 335.1 214.5 56 % East Europe 36.7 34.8 5 % 161.1 159.6 1 % South & West Europe 49.3 34.2 44 % 218.1 131.2 66 % The Baltics 11.5 8.8 31 % 48.8 40.8 20 % North America 47.3 16.4 188 % 212.1 67.1 216 % Asia-Pacific 27.5 4.8 473 % 118.5 22.6 424 % Africa 2.0 1.3 54 % 8.5 5.7 49 % Zinzino 277.6 175.5 58 % 1,232.0 760.3 62 % Faun Pharma 7.6 9.5 -20 % 29.7 45.3 -34 % Zinzino Group 285.2 185.0 54 % 1,261.7 805.6 57 % Countries in regions: -The Nordics: Denmark, Faroe Island, Finland, Iceland, Norway, Sweden -Central Europe: Austria, Germany, Switzerland -East Europe: Czech Republic, Slovakia, Hungary, Poland, Romania -South & West Europe: Cyprus, France, Greece, Italy, Luxembourg, Malta, Netherlands, Slovenia, Spain, United Kingdom, Belgium, Ireland, Serbia, Turkey, Canary Islands -The Baltics: Estonia, Latvia, Lithuania -North America: Canada, USA, Mexico -Asia-Pacific: Australia, New Zealand, Hong Kong, India, Malaysia, Singapore, Taiwan, Thailand, China -Africa: South Africa For more information: Dag Bergheim Pettersen CEO Zinzino +47 (0) 932 25 700, dag@ Nielsen CFO Zinzino +46 (0) 707 900 174, Pictures for publication free of charge: marketing@ Certified Adviser: DNB Carnegie Investment Bank AB (publ.) This information was brought to you by Cision The following files are available for download: 2505 Pressrelease Salesreport EN View original content: Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
ZINZINO AB (PUBL.): INTERIM REPORT FIRST QUARTER 2025
GOTHENBURG, Sweden, May 20, 2025 /PRNewswire/ -- STRONG SALES GROWTH AND INCREASED EARNINGS IN THE FIRST QUARTER Revenues in the first quarter of 2025 amounted to SEK 723.7 (454.5) million, corresponding to 59% (15%) growth compared to the corresponding period last year. In local currencies, revenues for the first quarter increased by 60% compared to the corresponding period last year. EBITDA increased to SEK 78.8 (51.7) million and the EBITDA margin amounted to 10.9% (11.4%). During the quarter, the acquisition of Zurvita's assets with associated distributor and customer database was completed. The acquisition consolidates Zinzino's position in North America and adds further growth in the region. In addition, New Zealand was launched as an official market during the quarter. After the end of the quarter, the assets of the US/UK based direct sales company Valentus Global was acquired in order to add increased distribution power in Europe. JANUARY-MARCH - Total revenue amounted to SEK 723.7 (454.5) million, corresponding to a growth of 59% (15%)- Gross profit amounted to SEK 223.6 (160.9) million and the gross profit margin was 30.9% (35.4%)- EBITDA amounted to SEK 78.8 (51.7) million and the EBITDA margin was 10.9% (11.4%)- Cash flow from operating activities totalled SEK 21.1 (-1.7) million- Zinzino's Board of Directors proposes a dividend to shareholders of SEK 4.00 (3.00) per share for the financial year 2024, corresponding to a total of SEK 143.1 (102.7) million Link to the report: For more information, please contact:Dag Bergheim Pettersen CEO Zinzino +47 (0) 932 25 700, dag@ Nielsen CFO Zinzino +46 (0) 707 900 174, Images for free publication:marketing@ Certified Adviser: DNB Carnegie Investment Bank AB 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 10:00 CEST on 20 May 2025. Zinzino is a global direct selling company from Scandinavia specialising in test-based, personalised supplements and scientific skincare. It is a public limited company with shares listed on Nasdaq First North Premier Growth Market. The company's scientifically proven supplements are available in more than 100 markets worldwide. Zinzino has acquired all the assets of the US health and wellness companies Zurvita and Xelliss. The company is part-owner of the Cypriot olive oil manufacturer Cleanthi Alpha-Olenic LTD and owns the Swiss biotech skincare brand HANZZ+HEIDII, as well as the Norwegian research and production units BioActive Foods AS and Faun Pharma AS. The company is headquartered in Gothenburg, Sweden, with additional offices in Europe, Asia and Australia. View original content: SOURCE Zinzino
Yahoo
16-05-2025
- Business
- Yahoo
ZINZINO AB (PUBL.): Zinzino announces China as the next step in its global expansion
GOTHENBURG, Sweden, May 16, 2025 /PRNewswire/ -- Zinzino, the global leader in test-based, personalized nutrition, proudly announces its expansion into China with a cross-border social e-commerce model, marking a significant milestone in its mission to promote proactive health and wellness worldwide. China's personalized nutrition and supplements market is expanding rapidly. Valued at USD 616.1 million in 2024, it is projected to more than double by 2030, reaching USD 1,570.5 million. This reflects an average annual growth rate of 16.4%, highlighting the strong and accelerating consumer demand for health solutions tailored to individual needs. This robust market presents a promising opportunity for Zinzino's innovative approach to personalized nutrition. "China's dynamic market and increasing health consciousness align perfectly with Zinzino's vision of personalized wellness," says Dag Bergheim Pettersen, CEO of Zinzino. "Our expansion into China is a strategic move to meet the growing demand for scientifically-backed, individualized health solutions." Zinzino's entry into China will provide consumers access to its comprehensive range of products, including the BalanceTest and BalanceOil+, empowering individuals to take control of their health through evidence-based nutrition. CONTACT: For more information:Dag Bergheim Pettersen CEO Zinzino +47 (0) 932 25 700, dag@ Nielsen CFO Zinzino +46 707 900 174, Pictures for publication free of charge:marketing@ Certified Adviser: DNB Carnegie Investment Bank AB (publ.) This information was brought to you by Cision The following files are available for download: China Press release ENG View original content:
Yahoo
08-05-2025
- Business
- Yahoo
ZINZINO AB (PUBL): Share subscription due to warrants
GOTHENBURG, Sweden, May 8, 2025 /PRNewswire/ -- In the option programme Zinzino's general meeting decided on 2020-05-15, 751,617 B shares have been subscribed. The price per share was SEK 45 and in total Zinzino's equity was raised by SEK 33,822,765. In the option programme Zinzino's general meeting resolved on 31 May 2022, 150,214 B shares have been subscribed (series 2022/2027:1). The price per share amounted to SEK 56 and in total Zinzino's equity was raised SEK 8,411,984. In the option programme Zinzino's general meeting resolved on 31 May 2022, 35,000 shares have been subscribed (series 2022/2027:2). The price per share amounted to SEK 56 and in total Zinzino's equity was raised SEK 1,960,000. The total number of B shares increased by 936,831 to 30,650,635. The total number of shares after the increase was 35,764,027. The dilution amounted to 2.62 per cent. Zinzino's share capital increased to SEK 3,576,402.70. For more information please contact: Dag Bergheim Pettersen, CEO Zinzino, +47 (0) 932 25 700, dag@ Fredrik Nielsen, CFO Zinzino, +46 (0) 707 900 174, Images for free publication: marketing@ Certified Adviser: Carnegie Investment Bank AB (publ.) This information was brought to you by Cision The following files are available for download: Cision View original content:
Yahoo
11-04-2025
- Business
- Yahoo
ZINZINO AB (PUBL.): Zinzino acquires Valentus Global to increase distribution power in Europe
GOTHENBURG, Sweden, April 11, 2025 /PRNewswire/ -- Zinzino has acquired the rights to US/UK-based direct selling company Valentus Global's distributor database and associated customer records, inventory, and IP rights via an asset purchase. This is another strategically important step in Zinzino's growth plans, which focus on improving personal health and well-being on a global scale with innovative biotechnology and a pioneering product portfolio marketed through direct sales. Valentus Global Inc. is a direct selling company based in Delaware, USA, with most of its operations and sales in Europe. The brand portfolio offers a range of innovative products in wellness, nutrition, and health. A visionary mindset, tech-first perspective, test-based diet with cellular-level nutrition, and a strong position to capitalize on current trends will shape the foundation of the partnership with Valentus Global. Following the acquisitions of VMA Life in 2020, Enhanzz in 2022, Xelliss and ACN in 2024, as well as the asset acquisition of US-based Zurvita in early 2025, Zinzino has been looking for further strong investments to maintain its sustainable, profitable growth, strengthen its distribution power, expand into new markets and leverage the product portfolio in new consumer areas. - "Personalised advice and tailored solutions are the future, and not just in health and wellness," say Dag Bergheim Pettersen, CEO of Zinzino, and Paul Person, CEO and owner of Valentus Global. "Together, we have many years of combined industry experience and everything it takes to drive the modern, personalized shopping experience through direct sales." Zinzino acquires Valentus Global's distributor organization, customer base, inventory, and IP rights to the product portfolio. The business, which last year had sales of over SEK 50 million, mainly distributed in Europe and North America. The merger is expected to create strong growth through the synergies that arise in the joint networks, and profitability will thus be able to develop very well using Zinzino's existing technical platform and organization. Zinzino will pay a total purchase price of SEK 20 million at closing, of which approximately SEK 10 million is the estimated value of the inventory. The purchase price is paid in cash and financed with its own cash. For more information: Dag Bergheim Pettersen CEO Zinzino +47 (0) 932 25 700, dag@ Fredrik Nielsen CFO Zinzino +46 707 900 174, Pictures for publication free of charge:marketing@ Certified Adviser:Carnegie Investment Bank AB (publ.) 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 16:00 CEST on 11 April 2025. This information was brought to you by Cision The following files are available for download: Press-release-Zinzino-Valentus-202504 View original content: Sign in to access your portfolio
