PR Newswire
GOTHENBURG, Sweden, Aug. 31, 2023
ZINZINO ADJUSTS THE FULL-YEAR FORECAST AFTER ANOTHER VERY STRONG QUARTER
GOTHENBURG, Sweden, Aug. 31, 2023 /PRNewswire/ -- The total revenues during the second quarter of 2023 amounted to SEK 407.9 (329.5) million, which corresponded to 24% (2%) growth compared to the corresponding quarter of the previous year. The EBITDA result increased to SEK 53.7 (20.1) million for the quarter and the EBITDA margin increased to 13.2% (6.1%). The margin improvement was mainly achieved through changes in the sales mix, efficiencies and economies of scale. The good profitability during the first half of the year means that the board is now writing up the profit forecast for the full year 2023. The total revenues for the full year 2023 are now expected to be approximately SEK 1,700 (1,443) million, against the previously communicated SEK 1,500 – 1,600 million. The expected EBITDA margin for the full year 2023 is adjusted upwards from at least 7% to at least 9% instead.
APRIL-JUNE
JANUARY-JUNE
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, +46 (0) 8 463 83 00, email: certifiedadviser@penser.se
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 31 August 2023.
The following files are available for download:
Zinzino interim Report Q2 2023 | |
https://mb.cision.com/Public/10976/3826736/bd6945a5fec229b9.pdf | Press Release Zinzino Interim Report Q2 2023 |
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